Regarding the brand Volvo, Wang Ye also knows a bit about it.
In his "former life", a domestic company acquired the brand, and it had a successful business in China.
However, its brand power was indeed weaker, forcing it to take the middle and lower-end route, becoming famous for selling "broken efforts".
Frankly speaking, if this brand were acquired, it would be quite decent. Hence, Wang Ye also put it on his acquisition list.
The second and third brands, as Kaja mentioned, are being sold in bundles.
They are Land Rover and Jaguar...
These are British brands with relatively higher market positioning, nearly on par with, or even slightly above BMW Mercedes.
Similarly, due to poor business operations, these two brands have also changed hands once.
They were acquired by General Motors in the United States a few years back.
Unfortunately, these two brands did not thrive under General Motors and instead slowed down its development.
