• Nieuwsbrief

26 09 2017 02

Volvo Cars will double down its bet on its upcoming U.S. factory by adding production of its next-generation XC90 crossover and boosting investment to a total of $1.1 billion.

Volvo said Monday it would double its investment in the factory, committing a total of $1.1 billion and adding 1,900 workers to a planned force of 2,000 for a capacity of 150,000 vehicles. The South Carolina plant is slated to open in fall 2018, launching with the production of the S60 sedan. Production of the second-generation XC90 will begin in 2021.

The XC90 -- Volvo's best-selling vehicle in the U.S. and currently built in Torslanda, Sweden -- is the second vehicle planned for production at the Chinese-owned Swedish automaker's factory, currently under construction in Berkeley County, S.C. The plant will be Volvo's first manufacturing operation in the U.S., and is a key part of its growth strategy to nearly double sales in the region by 2020.

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