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Volvo China
Volvo

Volvo invests in their Chinese Daqing factory

Volvo released details about their future plans, one of them including an investment in the Daqing plant. The Chinese factory will also accommodate a new premium sedan, this being the most important part of the announcement. Besides the Volvo XC90 model which is built in China, the new sedan could be the upcoming S90 but official details were not released...

Volvo Factory
Volvo

Volvo to extend production and add new jobs by 2020

The economic crisis seems to be an unusual term for the Swedish people from Volvo as the company plans to sell more vehicles, extend the production and add more than 10,000 new employees by 2020. For instance, if Volvo sold more than 370,000 vehicles in 2010, the company expects to produce and sell almost 450,000 units in 2012, a significant...