Geely will use the XC90 as the flagship for a new Chinese-market premium brand.

First introduced way back in 2002, the Volvo XC90 is well past its sell-by date by the standards of many markets and will finally be replaced by a redesigned model in 2014.

However, China Car Times reports that the XC90 will live on in China, where it will serve as the flagship model for a new Geely luxury brand. Volvo signed over the XC90 platform to Geely, its Chinese parent company, in March.

It's unclear whether Geely will use the platform as the basis for a "new" crossover or simply re-badge the XC90.

The XC90 is underpinned by Volvo's P2 platform. Despite dating back to 1999, the architecture is used (albeit in revised form) in a number of vehicles produced by Ford, Volvo's former owner, including the Taurus, Explorer, Flex, Lincoln MKS and MKT.