Volvo is expected to sign a technology-sharing pact with owner Geely that could determine how they will position their auto brands.

WSJ: What's News

The deal, which would give Geely access to advanced safety and environmental technology and a recognized global luxury brand, is expected to close in the third quarter, pending regulatory approvals.

FORBES

By acquiring Volvo, Geely purchased an industry leading brand, and all of the technology, engineering, styling and marketing resources and infrastructure that contribute to that position.

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