Volvo Cars to construct new assembly plant in US by 2018  [ USA ]

On March 30, Volvo Cars announced that it will invest approximately USD 500 million to build a new manufacturing facility in the U.S. The company has drawn up a short list of potential locations. Production is expected to start in 2018. Volvo Cars currently owns two plants in Europe and two plants in China. In the medium term, Volvo Cars aims to sell 100,000 vehicles per year in the U.S. market...
<Apr 01, 2015>