China's Geely building new plant to make 250,000 bigger-sized cars - sources

BEIJING (Reuters) - China's Geely is building a new plant to produce a quarter of a million bigger-sized cars that will help meet a goal of selling more than 2 million vehicles by 2020 and power its growth, two people familiar with the matter said.Zhejiang Geely Holding Group Co [GEELY.UL], one of China's five biggest automakers, and the owner of Sweden's Volvo Cars, is building the facility in the eastern port city of Ningbo where it already operates an assembly plant, as per the sources and..