Volvo may open assembly site in the United States

Article by Christian Andrei, on January 13, 2015

Volvo Car Corp. mulls building an assembly site in the United States and well as importing a "strategic flagship" sedan from China, people privy with the carmaker’s plans told Reuters. The strategic flagship car would follow the S60L midsize sedan that would be sold in the US this year.

Volvo has been behind BMW AG and Mercedes-Benz in establishing US production, which has allowed the German brands to be insulated in case of currency fluctuations. Executives at Volvo’s parent, Zhejiang Geely Holding Group Co., told Reuters that the carmaker may also export the large strategic flagship sedan underpinned by a newly developed platform called "scalable platform architecture.”

This sedan would be exported from China in addition to the S60L. The executives disclosed that the "strategic flagship" car for export to the US might be dubbed as the S90. The new S90 would be the second vehicle underpinned by Volvo’s new vehicle platform, next to the redesigned XC90 SUV.

Volvo disclosed in late 2013 that it would build “a large premium sedan” underpinned by the new architecture at a new site in Daqing, China.

With those moves, Volvo is plotting to revive its sales in the US, where it sold 8-percent less vehicles in 2014 to just 56,366 units whereas volume in China jumped 33 percent to 81,221.

They are part of larger plan to turn around strategy Volvo, which seen its sales went below half-million vehicles. Its recent focus on China has allowed Volvo to hike its global sales by 9 percent to 465,866 vehicles in 2014.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

In Japan, Toyota stays in the limelight by always cooking up something new for its famous 86 sports car. A colour orange Toyota 86 performance edition is one that’s hard...
by - December 4, 2016
Back in 2009, Nissan first introduced the Nissan Leaf, the company’s first all-electric vehicle. LEAF stands for Leading Environmentally-friendly Affordable Family car and this particular EV has been considered as...
by - December 3, 2016
In the minivan segment, the 2017 Chrysler Pacifica is already impressive in terms of fuel economy figures – as rated by the United States Environmental Protection Agency. In fact, the...
by - December 2, 2016
Having a blacked-out Bentley Mulsanne Speed is already menacing by itself but by naming it as the Bamford X, it became all the more imposing. This model was made by...
by - December 2, 2016
We have good news for those who are waiting for the latest version of the Mazda CX-5 compact crossover. It was just unveiled in November at the 2016 Los Angeles...
by - December 2, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries