Volvo Cars will invest $520 million to double production capacity at its Ghent, Belgium, plant from 160,000 to 325,000 annually by 2005 and production at its Torslanda plant in Gothenburg, Sweden, from 150,000 to 230,000 units. Once the new capacity comes on line, Volvo will employ 1,800 more staff at Ghent, where it will build the S/V40. The sedan and wagon currently are built at a factory Volvo shares with Mitsubishi Motors Corp. in the Netherlands, but Volvo needed a suitable ...
Premium Content (PAID Subscription Required)
"Volvo to Double Production at Two Plants" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.