March 30 (Reuters) - Volvo Car AB VOLCARb.ST:
INTENDS TO BECOME IMPORTER OF LYNK & CO CARS IN EUROPE ACCORDING TO A SIGNED MOU WITH GEELY AUTO
INTENDS TO BECOME IMPORTER OF LYNK & CO CARS IN EUROPE ACCORDING TO A SIGNED MOU WITH GEELY AUTO
TO SELL AND SERVICE LYNK & CO CARS THROUGH ITS RETAILERS
INTENDS TO USE VOLVO CARS RETAILERS FOR SALE OF LYNK & CO CARS AND USE ITS SALES AND SERVICING SYSTEM IN RELEVANT MARKETS.
INTENTION IS TO CREATE SYNERGIES WITH VOLVO CARS BY OPERATING LYNK & CO BRAND THROUGH ITS CENTRAL COMMERCIAL OPERATIONS AND ON A MARKET LEVEL
GEELY AUTO GROUP RETAINS CONTROL OF LYNK & CO OPERATIONS OUTSIDE EUROPE
THIS COMMERCIAL PARTNERSHIP WILL ALLOW LYNK & CO TO SCALE FURTHER BY USING TRUSTED VOLVO CARS RETAILER NETWORKS AND CONVENIENTLY LOCATED SERVICE POINTS
Source text: ID:nWkr18sgl
Further company coverage: VOLCARb.ST
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