A growing middle class in China has increased the demand for cars in the world's most populous country.
China has several home-grown automakers, but most lack the quality or safety records of more established foreign brands.
In an effort to leapfrog the competition, Geely, one of China's largest carmakers, has bought a majority share in the Swedish car firm Volvo for what analysts say is the bargain price of just under $2bn.
Al Jazeera's Divya Gopalan reports.
Source: Al Jazeera