Chang An Auto continues partnership with Volvo
Chang'an Automobile (Group) Ltd recently said that its production partnership with Volvo will continue, even if its U.S. partner Ford Motor may sell this European brand, sina.com said.
Changan Auto has expressed its plans to widen the range of Volvo cars it makes in China with Ford Motor, but refused to comment media reports that it might acquire Volvo from Ford. A top executive noted that Changan Ford will continue to fulfill its deal with Volvo, whether or not Ford will seek buyers of this Swedish brand.
"In any case, Ford Motor will set a premium on Volvo's sustainable development and growth in the Chinese market," said Shen Yingquan, president of Chang'an Ford Mazada, last week. "Volvo has built up good partnership with us and will bring more of its new models to China for local production and sales. Volvo will make its right choice."
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