VOLVO, GEELY CALL

OFF MERGER: China’s Geely Automobile Holdings and its Swedish affiliate Volvo Cars will collaborate more closely on electric and selfdriving vehicles while putting off earlier plans to merge. The manufacturers will preserve their separate corporate structures while cooperating more closely on powertrains, electrification and autonomous-driving technology. While they’ll no longer pursue a combination as announced in February of last year, new listings could be on the table.