Jump to content

MyCarForum Logo
Search
Magnifying glass

SEARCH

0

New Chinese brand to share platform with Volvo

By Faiming_low on 26 Apr 2016 in New technology

Attached Image According to Reuters, Geely, the owners of Volvo, are reportedly planning to launch a new brand with the help of the Swedish models' platforms and parts.

The first model of the new brand -which is codenamed ‘L’- is going to be a crossover based on the Compact Modular Architecture (CMA) which was jointly developed by Geely and Volvo. The new brand's aim is to go against other lower end Chinese-foreign ventures like GM-SAIC and allowing Volvo to focus on the premium part of the market.


With more than 20 local brands and many other more foreign brands, the upcoming new brand will have its work cut out. According to the report, Geely will sell the L-branded models through the company’s existing sales network.

Viewed: 1,278 times

Faiming_low
Written by Faiming_low
Since young, Fai Ming has always centered his life around cars. In fact his first word was 'car' and not 'mum' or 'dad'. Aren't kids cute?



 
Car Makes

Please select a car make

Facebook Likes
   Featured Blog Post
Photo
The latest MyCarForum Hangout with Perodua witnessed the launch of the brand new Perodua Bezza, t...
POPULAR BLOG POSTS
Photo
How much pressure can a modern car coil spring really take? Best way to find out is no other than...
Photo
Despite the recent spate of accidents, banning electric bikes - or other personal mobility device...
Photo
The Toyota Levin, China's version of our popular Corolla Altis, gains a brand new 1.2 litre t...
Photo
Lennart Ribring at the age of 97-year old, has bought a brand new Ford Mustang V8 in Sweden. He i...
Photo
A U.K. insurance company has reported that car parking accidents have cost U.K. motorists £1.4 mi...
   Lifestyle Articles