Volvo starts building XC60 in Chengdu, China

Article by Christian A., on November 11, 2014

Volvo Cars has commenced building the XC60 SUV at its sites in Chengdu, China, where it currently produces the S60L. The start of XC60 production means additional 500 manufacturing jobs at its site in Chengdu, China. The production of the XC60 in China marks a step toward supplying locally built cars in China and exporting vehicles abroad.

Volvo sold 98,309 XC60s in the first nine months of 2014 for a 20-percent jump over the same period in 2013, making it the brand’s best-selling model. Overall, Volvo sold 10-percent more vehicles in the nine-month period to 379,880 units globally.

Volvo chief executive Hakan Samuelsson remarked in a statement that the China-built XC60 will be instrumental in boosting the carmaker’s overall growth in the country, which it considers as it largest market.

Thanks to strong sales performance in the country, Volvo was able to muster 16 consecutive months of growth despite a slowdown in the United States.

The carmaker is now trying to solve on how it would solve its weak performance in the US, which used to be its largest market. Volvo is targeting to nearly double annual sales to 800,000 cars by the end of the decade.

If you liked the article, share on:

Comments

Recommended

Citroen revealed that its entry to the Chinese market is moving forward with the planned release of the new generation C5. While still on sale on this part of the...
by - February 26, 2017
There is definitely a second-generation Super Series from McLaren. Even in camouflaged form, it is simply incredible. But while we still don’t have the full data on how truly dynamic...
by - February 25, 2017
A lot of fans are excited with the news that Porsche could be unveiling a performance version of its Panamera 4 E-Hybrid plug-in hybrid during the 2017 Geneva Auto Show. ...
by - February 25, 2017
Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to...
by - February 25, 2017
Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
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