What obviously is a welcomed and applauded move for Geely and a largely perceived brand dilution for most Volvo faithfuls is the inevitable joint development of Geely and Volvo cars. It’s no news that in 2008 Geely, Chinese auto-maker acquired the Volvo cars division during its near brink of collapse, but not up until now, Geely vehicles didn’t share any platform(s) with their acquired company, Volvo cars.

Geely CEO, Gui Sheng Yue recently revealed some new details about their upcoming model which will be jointly-developed with the Swedish Volvo, speaking to reporters in Shanghai, Sheng Yue confirmed the car to be currently under development and that it is scheduled to be launched in 2015; however no specifics were given.

The car was confirmed to ride on a new modular architecture aimed at delivering "considerable cost savings in terms of development, testing and sourcing."Geely Chairman Li Shuf has assured that the sharing of knowledge and technology has to be done without jeopardizing brand integrity and individual product development; stating that ‘they believe a stand-alone, yet joint R& Centre with a focused approach is the best way to achieve this’.
http://autobaseafrica.com/first-jointly-developed-volvo-geely-model-set-for-2015/