Volvo returns in style, driven by new owners

Detroit

RECORD sales in the US auto industry have left the biggest carmakers flush with cash, which they are pouring into new models on display this week at the annual North American International Auto Show here.

But even the smallest auto companies are flourishing in the booming US market, none more so than the tiny Chinese-owned, Swedish-run luxury brand Volvo.

While GM, Ford Motor and others held lavish news conferences, Volvo showed off a new sedan, the S90, and won recognition for its flagship sport utility vehicle, the XC90, as the best truck introduced in 2015.

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