Volvo Cars and Geely cooperate in new R&D Centre in Gothenburg, Sweden

Geely Holding, majority owner of Volvo Car Corporation (Volvo Cars) and Geely, will establish a Research and Development Centre in Gothenburg, Sweden. The Centre will develop a new modular architecture and set of components for future C-segment cars, addressing the needs of both Volvo Cars and Geely. The Centre will be run by Mats Fägerhag, currently Vice President at Product Strategy within Volvo Cars, and leverage on the Volvo technology leadership within Geely Holding. The new R&D Centre will employ approximately 200 full-time employees.

History of Volvo Cars

Volvo S60 Polestar Concept -- With 508 hp -- Debuts at L.A. Auto Show

With the glamour and bright lights that symbolize the City of Angels, what better place for the global auto show debut of the Volvo S60 Polestar Concept than the 2012 Los Angeles Auto Show? After all, the 508-horsepower beast, built by Volvo's official performance partner, Polestar, is arguably the most glamorous and lightning-quick Volvo concept car ever made.