The financial crisis might now be receding into memory, but the lingering effects continue. Volvo, for one, was deeply affected by the downturn, as Ford jettisoned it during the depths of that American company's problems. The Swedish automaker ended up being purchased by Geely, the up and coming Chinese company, and after several years of management churn, Volvo now seems to be on a stable path, with Swedish management in place and a considerable degree of independence. READ MORE ››
from Car and Driver Blog http://ift.tt/nSHy27
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