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Volvo profit rises, plans tech-sharing Geely venture

Carmaker aims to reach sales of 800,000 cars within the next few years

Stockholm

SWEDEN'S Volvo Cars sold more vehicles in Europe and China in the first half that helped drive up earnings 21 per cent and said it would set up a joint venture with its Chinese parent to share technology with other brands in the Geely group.

Under Chinese ownership since

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