After Geely acquires Volvo, will the price of Volvo cars be reduced?

It will drop. Producing the same model in China will reduce a lot of costs, and there will be no need to continue to pay royalties, patent fees, profit dividends, etc. to the old diplomatic brand. Li Shufu said that 30-year-old Volvo will be produced in Geely. The cost is less than 150,000, and the price will be reduced to about 50,000 on the basis of 300,000, which improves the cost performance and also guarantees profits. Don’t worry, I will definitely reduce it.