Market Chatter: Volvo Car to Give Chinese Executives More Control in Push to Win Local Market

MT Newswires Live

Sep 04

Geely Automobile's (HKG:0175) affiliate Volvo Cars is changing its governance model to give more control to executives in China as part of a broader push to win local market share, Bloomberg reported Wednesday.

The move will reportedly help local teams tailor manufacturing, product, and technology developments to suit the Chinese market.

As part of that push, the company also appointed former Zeekr Intelligent vice president Zhu Ling as head of Asia Pacific operations for Volvo.

Geely, Volvo, and Zeekr are all controlled by Zhejiang Geely Holding Group.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1589","symbol_name":"北水核心资产","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2564342168","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564342168","pubTimestamp":1756957446,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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