Geely unveils premium Volvos after rescuing Swedish icon
Production of the executive vehicles set to move from Europe to China
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Beijing
VOLVO Car Group's newest and fanciest sedan has a built-in refrigeration compartment, handmade crystal Orrefors glassware - and the hopes of China's premium auto-manufacturing industry riding on it.
Zhejiang Geely Holding Group Co, Volvo Cars' Chinese owner, unveiled upgraded versions of its S90 sedan, including the top-of-the range S90 Excellence, in Shanghai on Wednesday. The executive vehicles will be made in Daqing, China's oil capital, and represent the latest product of a reinvigorated research and development (R&D) programme that has bolstered profit and helped drive record sales for the Swedish icon.
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