Volvo Opens First Factory in China

Volvo Opens First Factory in China Play

June 6 (Bloomberg) -- Volvo opened its first factory in China. Volvo has been languishing in stasis since it got bought by Geely in 2010 -- sales overall dropping every year. But will China be the answer to it's problems? Bloomberg's Steve Engle spoke with Volvo's CEO Hakan Samuelsson & Geely's Chairman Li Shufu in Chengdu. (Source: Bloomberg)

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