Chinese carmaker Geely's takeover of Volvo was a really mutually-beneficial affair for both parties involved. The former got access to the tech, while the latter received much needed cash to continue development of their models and stay afloat in a very competitive field.
Now, we have come to a point where Geely’s benefits are coming into play, because it has been announced that the Chinese company will release a series of models jointly-developed with Volvo under its own badge in 2015, reports Bloomberg.
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