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Posts Tagged ‘Volvo US plant’

Volvo’s Care Subscription Program Key to Growth Plans

VCNA chief acknowledges reliability concerns but says problems, warranty costs, are tumbling.

by Paul A. Eisenstein on Nov.08, 2018

Volvo Cars North America CEO Anders Gustafsson with images of some of the first workers at the automaker's new Charleston plant.

U.S. new vehicle sales are on course to post their second consecutive decline as 2018 draws to a close, but you’d have a hard time telling that if you were just looking at Volvo’s numbers.

The Swedish automaker has posted a 27% jump in demand through the end of October and, with more products ready to land in U.S. showrooms, Volvo Cars USA CEO Anders Gustafsson said Thursday he is optimistic the company can keep its momentum growing.

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Brand News!

Several factors could give meaning to his forecast, including not just the launch of the new Volvo S60, but the start of production at the Chinese-owned automaker’s first U.S. assembly plant in Charleston, South Carolina. Then there’s Care by Volvo, the subscription program the carmaker launched late last year.

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Volvo Closing in on New US Plant Opening Target

Facility will produce as many as 60K S60s annually.

by Joseph Szczesny on Apr.11, 2017

Volvo's new S60 debuted at the North American International Auto Show in Detroit and is currently imported from China.

Volvo Cars’ plans to open a new factory in South Carolina is on schedule meaning the maker will start production at its first U.S. auto factory by the end of 2018, according to Volvo officials.

The company broke ground on the plant near Ridgeville, South Carolina, in 2015 as part of its new global manufacturing strategy to support 800,000 sales in the medium term. The shell of the building is now complete.

Production News!

“This investment shows Volvo’s commitment to build cars where we sell them and source where we build. The new factory is our first in the U.S., which is our second largest market globally,” said Lex Kerssemakers, president and CEO of Volvo Car USA. (more…)