国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Motoring

Volvo to sell Chinese-made cars in US

(Agencies) Updated: 2015-01-11 13:42

Volvo to sell Chinese-made cars in US

Chairman of Zhejiang Geely Holding Group Li Shufu (L) and former Executive Vice President and Chief Financial Officer of Ford Lewis Booth shake hands in front of a Volvo S60 car in the Volvo Hall at the Volvo plant and headquarters in Torslanda, Gothenburg in this March 28, 2010 file photo. [Photo/Agencies]


BEIJING - Volvo Car Group plans to export a Chinese-made midsize sedan this year to the United States, and is starting to weigh the possibility of building a vehicle factory in the United States, people familiar with the Chinese-owned automaker's plans said.

Both moves would be significant for the auto industry and Volvo's parent, Zhejiang Geely Holding Group Co. So far, global automakers have chosen not to ship vehicles made in China to the US market in any significant numbers, and efforts by Chinese automakers to export vehicles to the United States have foundered.

Volvo is also behind rivals BMW and Mercedes in establishing production in the United States, which insulates the German brands from currency fluctuations.

Volvo might also export a large "strategic, flagship" sedan based on a newly developed underpinning technology, said the executives, who work for Zhejiang Geely. That car would be shipped out of China in addition to the Volvo S60L, a long wheelbase version of the S60 sedan Volvo began producing in the southwestern China city of Chengdu more than a year ago.

The moves are aimed at reviving Volvo's momentum in the US market where volume last year fell 8 percent from 2013 to 56,371 vehicles. The US market, which has long been Volvo's largest market, was replaced by China last year. China bought 81,221 Volvos in 2014, up 33 percent.

More broadly, the moves are part of Geely's turnaround strategy for Volvo which has struggled to go beyond being a brand with an annual volume of less than a half-million vehicles. Thanks to its focus on China where the brand expanded its distribution network and product portfolio, Volvo sales volume is on the rise. It sold a total of 465,866 vehicles globally last year, up 9 percent from 2013.

Long-standing goal

"The S60L offers class-leading rear space, something that has been consistently demanded by US customers. It will be made at Volvo's plant in Chengdu, China, and will be on show for the first time at this year's North American International Auto Show in Detroit," said David Ibison, a Gothenburg, Sweden-based Volvo spokesman. "The S60L forms just one part of our US revival plan."

Ibison said Volvo plans to launch seven new products by 2018 and increase US sales to around 100,000 cars a year in the medium term. He declined to elaborate.

Exporting Chinese-produced mainstream passenger cars to the United States and other advanced auto markets has been a long-standing goal of China's indigenous automakers - an objective that has largely eluded the industry.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
牙克石市| 柏乡县| 五家渠市| 宁武县| 宣化县| 三原县| 娄底市| 长垣县| 阳泉市| 江孜县| 弋阳县| 盐山县| 大关县| 临颍县| 星座| 大足县| 临海市| 图木舒克市| 南开区| 紫金县| 运城市| 苍山县| 前郭尔| 怀远县| 工布江达县| 莱芜市| 宕昌县| 万安县| 惠水县| 石家庄市| 方城县| 开远市| 平顺县| 德兴市| 岳池县| 夏河县| 凌源市| 淮阳县| 独山县| 永寿县| 平乡县|