Volvo plans a new model a year - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
Ford Forum Ford Forum

» Auto Insurance
» Featured Product
» Wheel & Tire Center

Go Back   Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > Latest Ford News and Racing News > Ford Worldwide News
Register Home Forum Active Topics Photo Gallery Auto Loans Insurance Garage Mark Forums Read Auto Escrow is the premier Ford Forum on the internet. Registered Users do not see the above ads.
LinkBack Thread Tools Display Modes
Old 03-11-2003, 06:03   #1 (permalink)
Mr. Embargo
Join Date: May 2001
Location: Embargoland
Posts: 3,745
Volvo plans a new model a year

Source: editorial team

China’s Business Daily Update reports that Volvo plans to bring a new model into China every year to cash in on the world's fastest-growing car market.

The plan is an important part of Volvo Car's global strategy to launch a new model every year to boost its annual sales to 600,000 units in coming years from 408,000 last year, according to Beijing-based officials of the company.

The plan came on the eve of a three-day visit to China by Gerry Keaney, newly appointed vice-president of Volvo Car.

"China is a car market with the greatest potential in the world and it will contribute a lot to our overall growth. We shall place top priority on our China strategy," Keaney said in a statement.

"We have a very competitive product range and with the aggressive product plan we have in store, I am convinced that Volvo's operations will grow (in China)," he added.

The company will launch its newly developed XC90 sport utility vehicle on the Chinese market this year, according to the firm's Beijing-based officials.
Volvo Car now exports the S80, S60, XC70 and C70 vehicles to China. The officials said the company expects its sales in China to exceed 2,000 units this year.

"Our priority in China now is to continue to enhance brand image and develop sales and service networks," the officials said.

Volvo Car will set up two more large centres for sales, spare parts supply, aftersales services and personnel training this year in Shanghai and Dalian, a port city in Northeast China's Liaoning Province, they added.

Volvo Car announced earlier that it was considering producing its vehicles at Ford's existing facilities in China. Ford has a car joint venture with a local partner in Southwest China's Chongqing Municipality, which started to produce its small-sized Fiesta in January.
RPO83 is offline   Reply With Quote
Sponsored Links

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > Latest Ford News and Racing News > Ford Worldwide News

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Volvo sticker to include service starting in '04 model year Stacy94PGT Volvo 0 04-02-2003 01:15
News from the North American Dealer Assoc. Stacy94PGT Ford Worldwide News 2 01-31-2003 14:34
TALK FROM THE TOP: Ford Motor CEO cuts costs, not product Stacy94PGT Ford Worldwide News 0 11-18-2002 08:35
Volvo rounds the corner to a new styling direction Stacy94PGT Ford Worldwide News 1 06-25-2002 08:44
75 Years of Volvo Cars RPO83 Volvo 2 04-09-2002 01:16

Powered by vBadvanced CMPS v3.2.2

All times are GMT -7. The time now is 10:16.

Powered by vBulletin® Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.