Volvo Car Sets New Margin Target, Signals Deeper Geely Ties

Volvo Car AB is seeking a long-term operating return of 8%, helped by new electric models like the EX60 sport utility vehicle and deeper ties with parent Geely.

By Rafaela Lindeberg · Bloomberg Markets

Volvo Car AB is seeking a long-term operating return of 8%, helped by new electric models like the EX60 sport utility vehicle and deeper ties with parent Geely.