Volvo is mulling a U.S. factory to offset some of its exposure to fluctuations in the dollar. One thing the automaker definitely will be doing is expanding its presence in the U.S., and a manufacturing facility would certainly make that way easier.

A U.S. Volvo plant would join factories in Sweden, Belgium and two plants in China. Volvo has been making a push on the Chinese market after Ford sold the Swedish company to Geely last year.

This manufacturing push is part of the company's initiative to double sales to 800,000 cars per year worldwide. The company also intends to invest $11 billion over the next five years, with the crosshairs squarely on the Chinese market.


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    • 1 Second Ago
  • 19 Comments
      • 3 Years Ago
      [blocked]
        MikeInNC
        • 3 Years Ago
        Was over in Belgium last week and the V60 is really a sweet looking wagon. Even better, over there you can get it with a diesel so not only will it haul all your crap and look stylish but it will leave a little cash in your pocket.
        SpikedLemon
        • 3 Years Ago
        No kidding.
      NightFlight
      • 3 Years Ago
      Maybe they can pick up the old AutoAlliance plant and KEEP THE UAW out!!! That would certainly help Volvo build vehicles at a lower cost.
        NightFlight
        • 3 Years Ago
        @NightFlight
        EDIT BUTTON NEEDED! That is if Ford moves the Mustang out...
      ufgrat
      • 3 Years Ago
      Manufacturing doesn't help when your marketing department is run by Ninjas.
      Fodder
      • 3 Years Ago
      So a Swedish car company formally owned by the Americans and now currently owned by the Japanese wants to open a plant in the US. So let's see if we have this right. In the US right now we have the following companies building cars/trucks Ford, GM, Chrysler, Kia, Honda, Toyota, BMW, and Mercedes (who am I missing?) Interesting downside to a weaker dollar is that more manufacturing jobs are returning to the US
        Fodder
        • 3 Years Ago
        @Fodder
        Yes we need an edit button Owned by the "Chinese" not Japanese
      carguy
      • 3 Years Ago
      I think Volvo is already partly owned by an american company through acquisition of some Geely stocks by billionaire Warren Buffet.
      • 3 Years Ago
      [blocked]
      Mike Pulsifer
      • 3 Years Ago
      This is the Trojan Horse that would give Geely some extra help with entering the U.S. market.
        • 3 Years Ago
        @Mike Pulsifer
        [blocked]
        • 3 Years Ago
        @Mike Pulsifer
        [blocked]
          BG
          • 3 Years Ago
          They tried that trick once, and you know how that turned out. Just as skillful as their ownership of Jaguar.
      theblackemblem
      • 3 Years Ago
      building*
      Hazdaz
      • 3 Years Ago
      While it would be very nice to see them open up shop in the US, I won't hold my breathe about them DOUBLING sales - that is a pretty darn lofty goal and like most car makers that put out such bold predictions, this too will probably miss its mark. Its also interesting to read that they already have TWO factories in China - I wonder if those are only for Chinese domestic market cars, or if Chinese parts are now used in all their cars. Or are those existing Geely plants that were taken over by Volvo?
        Joel
        • 3 Years Ago
        @Hazdaz
        The plants in China are strictly for Chinese domestic consumption. AFAIK they've made a pretty big effort in saying that their supply chain has not changed also. For now it seems that they're trying really hard to keep Chinese cars separate from every other nation's supply.
        • 3 Years Ago
        @Hazdaz
        [blocked]
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