The subcompact will be used by Geely to compete with international rivals in the marketplace such as the Ford Fiesta, Volkswagen Polo, Honda Fit and Toyota Yaris according to a new report. According to Volvo CEO Hakan Samuelsson, the subcompact will make an appearance on the market in several years.
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A key goal of the project is to engineer a model that meets safety and quality standards in Western markets, a place that Chinese automakers have struggled to gain traction. Development on the subcompact has begun at in Sweden at a facility the two companies jointly opened last year. This is the second joint project to commence at the R&D center; the first is a compact car platform that will be shared between both automakers.
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[Source: Automotive News]
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