Volvo S90 production moves to China

• Volvo Cars (OTCPK:GELYY) is moving S90 production from Sweden to China, as well as commencing production for future 40 and 60 series models in the East Asian country.
• Bringing manufacturing under the same roof is the latest effort to tighten ties between Volvo and its Chinese owner by transferring European know-how to Geely while maintaining the Swedish automaker's business and reputation.