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Volvo Says It Plans to More Than Double Vehicle Models in China

Volvo Car Corp., the Swedish carmaker owned by China’s Zhejiang Geely Holding Group Co., said it plans to more than double its number of models to compete with Volkswagen AG’s Audi and BMW AG in the world’s largest automobile market.

Volvo, which currently sells 6 models in China, is planning to introduce 10 new ones in the country within six years, including “bigger and more luxury high end” vehicles, as well as medium- to small-sized cars such as the V40 hatchback, Volvo said in an e-mail.