New spy shots from the Volvo V5 T5 testing in China, it will arrive on the China auto market early next year as an import. Power will come from a 2.0 turbocharged 4-cylinder that poops out 240hp and 320nm. Geely is bringing in new Volvo’s fast, the V60 T5 was launched last month. Volvo still makes the S40 and S80L in China at the Chang’an-Volvo joint venture, a left-over from the days Volvo was owned by Ford. Via: Autohome.