<p class="MsoNormal">Geely-owned Volvo Cars Monday set the price of its initial public offering (IPO) at $6.2 (53 Swedish crowns) apiece<span style="color:#202124"><span style="background-color:#ffffff">—</span></span>the low end of the range it had announced last week. The size of the share offering has also been reduced to $2.3 billion, the Swedish automaker said in a statement. </p>
