Geely could certainly use a hand. Like its privately held rivals BYD and Great Wall, the automaker reported a 20 percent drop in profit due to "competitive pressure on indigenous brands" that it expects to intensify in the coming years. Volvo is revealing this week in Stockholm its new XC90 turbocharged crossover, the first vehicle build under Geely's ownership on the company's new Swedish-designed new vehicle platform. The company has high hopes for the car in China.