Filed under: Volvo There are drawbacks to being the property of a larger conglomerate, to be sure, but there are also benefits. Taking advantage of group buying power, shared developments costs and synergies with products from other divisions, for instance. And these are things that, since splitting off from Ford a couple of years ago, Volvo does not have at its disposal any longer. That’s why the Swedish automaker is looking for a partner with which to share development costs – specifically those attached to developing a new small car range

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Report: Volvo looking for small car partner