Volvo car CEO pushes back on Navarro’s ‘Pirate’ China comments

Volvo Car AB Chief Executive Officer Håkan Samuelsson pushed back against White House senior trade adviser Peter Navarro’s criticism of Chinese automakers, saying they have prospered because of an effective strategy rather than unfair competition.

Asked about Navarro’s assertions that China’s BYD was “plundering global car markets,” Samuelsson said the description “goes a bit too far.” BYD and Volvo Car’s majority owner Zhejiang Geely Holding Group have emerged as two of China’s strongest performers and were likely to remain so over the longer-term even as........

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