Volvo's Plan by 2018
Volvo's plan to sell 200,000 vehicles annually in China a part of its strategy declared in 2011, after it had been obtained by Zhejiang Geely Holding Group. this year. Daimler said that it sees premium automobile market in China growing at a "high single digit or low double digit speed" by-the end of the year. In April overall vehicles sales in the state improved 13.4%, up with an increase of 10.7% in March.
Volvo's new plant situated within the southwestern city of Chengdu is nearly finished and it's now making a small amount of vehicles to analyze the creation method and the quality. The automaker plans to start full production during the fourth quarter, once the plant will fabricate 125,000 vehicles annually. Volvo also builds another plant in the city of Daqing, anticipated to start production at the conclusion of 2014.
What does it take to kill a Volvo?
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