Volvo Cars Looks for Partner to Build Autos in North America

Volvo Car Corp., the Swedish automaker owned by Chinese manufacturer Zhejiang Geely Holding Group Co., is seeking a partner that can help it build vehicles in North America.

“In the medium term, five to six years, we need to find a proper solution in North America,” Volvo Chief Executive Officer Stefan Jacoby said in an interview today. “Building a plant ourselves is maybe more unlikely. I’m looking for a partner that could help us utilize a North American plant.”