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According to Volvo CEO Hakan Samuelsson, talks regarding a merger or alliance between Volvo and Geely will likely resume in the first quarter of next year.

The reason why these merger talks have been delayed in the first place was Geely’s goal to obtain a listing on Shanghai’s New Star Market, which in turn prohibited them from making any capital structure changes, explained the Volvo boss.

Their history together began when the Zhejiang Geely Holding Group purchased Volvo from Ford back in 2010.

Read Also: Geely Planning New EV Factory For Polestar In China

“Quarter one is more realistic next year. We have said we are looking at a combination and it could be done in different ways. Platform sharing and so on,” said Samuelsson. Also, any type of merger deal would have to have in place a strategy that preserves the identities of both companies, reports Autonews Europe.

Volvo in particular wants to be able to continue on its path of investing in low-emissions vehicles, with Samuelsson stating earlier this week that his company will become an electric-only brand within the next 10 years.

“Volvo is of course very proud… and Geely is very proud of their brand and they of course also don’t want to be part of a more European constellation. It is an opportunity to form some sort of an alliance,” said Samuelsson, before adding that Geely could provide Volvo with access to a lot of efficient suppliers in China. “Let’s see what is the best way forward,” he concluded.

In other global news, Volvo has sold environmental credits to Ford Europe, with both carmakers facing tighter fleet emissions rules this year.

The first pair of Aston Martin V12 Zagato Heritage Twins by R-Reforged has been revealed as prototypes specified by Andrea and Marella Zagato and reserved for the private Zagato collection.

This Coupe and Speedster are part of a limited edition run of 19 pairs, built to celebrate Zagato’s centenary, and each assembled by hand in R-Reforged’s new facility in Warwick, UK. The two cars will be on display at Aston Martin St. Gallen in Switzerland until New Year’s.

The cars are powered by 5.9-liter V12 engines with approximately 600 HP (80 HP more than standard), featuring new aerodynamic styling and custom interiors.

Related: R-Reforged Starts Production Of Limited Aston Martin Vantage V12 Zagato Heritage Twins

“The essence of this project was to create a perfect ‘garage’, comprising two desirable and collectable cars; Coupé and Roadster,” says Andrea Zagato. “Limited to just 19 pairsa significant number, recalling the year Zagato was formed, the Aston Martin V12 Zagato Heritage TWINS by R-Reforged mark a remarkable milestone for the Milanese atelier. Despite having created over 450 models since our formation, we chose Aston Martin, which has surely been our most prestigious partner over the last 50 years, to mark this celebration. The cooperation with R-Reforged ensured that we could create an instant classic.”

The first thing you might notice about the Zagato Heritage Twins by R-Reforged is the aggressive stance, courtesy of a 10 mm (0.4 inches) ride height reduction and 20 mm (0.8 inches) stretched track. The wheels meanwhile measure 19-inches in diameter and are wrapped in Michelin Pilot Sport 4S rubber.

The aero improvements consist of a new front splitter and active wing that complement the revised styling, while the interior boasts sensory rich materials, such as Grade A leather that’s available with an almost infinite range of colors, bespoke patterns and textures. Other novelties include the sleeker, longer windshield for the Speedster, and the completely retooled carpet boot moulding.

“Revealing these cars marks an incredibly special moment in both Zagato’s long history and in our own, very short journey of just three years,” said R-Universe CEO, Thomas Mayer. “We have brought together an incredible team of engineers and craftspeople to develop and produce these beautiful, exquisitely detailed cars that amplify the design, craftsmanship, performance and ownership experience of the original.”

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