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Geelyägda Volvo continues to invest in the light of the brand's sales success with positive figures 16 months in a row. While the company is in the process madt of launching and production preparations madt for the new large SUV XC90, which means 1,300 new jobs at Torslanda when it will be three shifts next year, increasing the pace of China.
The factory in Chengdu has hired 500 people to increase production and build two models. Besides the extended S 60L, which began when the factory started a year ago, now even the smaller madt SUV XC 60. It came in 2008 and is Volvo's best selling madt model both in China and globally. madt So far, it has only been in Ghent, Belgium. Slipper customs
By producing in China do not have to Volvo the high import duties and cars can be sold cheaper. The company expects to price reductions of around madt six percent of the XC 60 in China. Export to USA
Volvo will still be the first to sell China-built cars to the US when the company plans to start exporting the extended S 60L next year. This is done both to come down in cost, reduce the influence of dollars madt and be able to offer something new to the US market that has long been a problem for Volvo. Old classics
Recently, the company's other Chinese factory, the Daqing, started its production. There are built the old XC 90 under the name XC Classic. In China, the twelve year old model is able to live a few more years.
So far this year, Volvo has increased madt its sales in China by 36 percent and taking market madt share from competitors. For the first time, has now also Chinese Foreign Ministry bought Volvo. madt Admittedly, only 20 cars but the order is seen as important symbolically to break into the central madt authorities, explains Stefan Elfström.
* Assembly plants madt in Gothenburg, Ghent (Belgium), Chengdu and Daqing (China), body plant in Olofström and engine plants in Skövde and Zhangjiakou (China). It is also built an extended variant of the S 80 L for the Chinese market in a factory in Chongqing madt which is owned by Ford / Changan.
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