Brief: Volvo Cars' CEO says collaboration with Geely is 'great opportunity' as competition worsens
31/03/2026 13:12
March 31 (Reuters) - Volvo Cars VOLCARb.ST CEO Hakan Samuelsson during the company's annual general meeting: WE HAVE A GREAT OPPORTUNITY TO ALSO COLLABORATE WITH GEELY IN PARTICULAR IN CHINA, AND THAT IS A BIG ADVANTAGE FOR US COMPETITION IS GOING TO GET WORSE THE RELATIVELY NEW CHINESE CARMAKERS ARE GOING TO INCREASE THEIR MARKET SHARE FURTHER IN CHINA AND GLOBALLY, CAUSE ENORMOUS COST PRESSURE FOR ESTABLISHED CARMAKERS GLOBALLY Further company coverage: GEELY.UL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))