World NM: Volvo Considers New Factory in Europe, Wants to Build More Vehicles Per Year001645

Volvo Cars is pondering the possibility of a third factory in Europe, which would boost production capacity beyond its current maximum. So, instead of up to 1.2 million vehicles per year, the Swedish marque eyes significantly more, but without disclosing the company’s targets.

The alleged new factory would be built sometime by the half of this decade, as German media reported. As a reference, Volvo Cars currently has two factories i… (continue reading…)
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