UPDATE 1-Geely-owned Volvo profit rises as China growth lifts sales to record
February 26, 2015 at 00:00 AM EST
STOCKHOLM, Feb 26 (Reuters) - Geely-owned carmaker Volvo Car Group said on Thursday its 2014 operating profit rose 17.5 percent in its best year of sales to date as rapid expansion in China and recovery in Europe took the sting off lingering weakness for the brand in the United States.