Geely to use Volvo Cars’ plants amid ‘very serious’ overcapacity in car industry
Move is in contrast to rival BYD, which is building factories in international markets
Move is in contrast to rival BYD, which is building factories in international markets

Britain has become a battleground for Chinese carmakers because of strong EV sales and absence of import tariffs

Chief executive slashes sales target and unveils strategy to revive struggling manufacturer controlled by China’s Geely

About 100 automakers need to be ‘pushed out’, says world’s largest electric-vehicle producer

Analysts expect car group to unveil string of technological breakthroughs to combat slowdown in growth

World’s biggest operator, Wallenius Wilhelmsen, aims to boost revenue by helping newer Beijing brands expand overseas

Strategy pivot coincides with slowdown and fierce competition in world’s largest automotive market