Baowo:
China Foton Motor acquired Baowo, and Baowo, a subsidiary of Foton, opened its global headquarters in Stuttgart, Germany, and established technology research centers in Silicon Valley of the United States and Beijing, China. After the resurrection, Baowo took the lead in launching BX7SUV in China market, followed by BX5, BX6, BX7 and other SUVs.
Volvo:
Volvo, a famous Swedish luxury car brand, was once translated as the rich. The brand was founded in Gothenburg, Sweden, 1927. 1999, Volvo Group sold its Volvo car business to Ford Motor Company. 20 10 Zhejiang Geely Holding Group, a China automobile enterprise, acquired the Volvo car business from Ford and obtained the ownership of the Volvo car brand.
Million car purchase subsidy