CRI听力:Volvo to Sell Chinese-made Cars in U.S. this Year

Swedish automaker Volvo is planning to export a Chinese-made midsize sedan this year to the United States.

Volvo expects to ship roughly 1,500 made-in-China S60L cars to the United States this year.

The company is also starting to weigh the possibility of building a factory in the United States.

The moves are aimed at reviving Volvo's momentum in the U.S. market where volume last year fell 8 percent from 2013.

The U.S. market, which has long been Volvo's largest market, was replaced by China last year.

It is also said that Volvo's owner, Chinese carmaker Geely, could follow Volvo into the U.S. market with its own products.

Zhejiang-based Geely purchased Volvo from Ford Motors five years ago.

Exporting Chinese-produced passenger cars to the United States and other advanced markets has been a long-standing goal of China's indigenous automakers.

For more this, we are now joined live by Mike Bastin, Director of The China Business Centre based in London.