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Volvo plans Chengdu assembly plant

By Ola Kinnander | China Daily | Updated: 2011-02-24 07:51

Volvo plans Chengdu assembly plant

A model poses with a Volvo S80L model at an auto show in Beijing. The Swedish automaker aims to sell 250,000 automobiles in China by 2015, up from 30,522 in 2010, says Per-Ake Froberg, a company spokesman. Provided to China Daily

STOCKHOLM - Volvo Cars Corporation, the automaker acquired by Zhejiang Geely Holding Group Co last year, will build its first Chinese assembly plant in the city of Chengdu, a person with direct knowledge of the plan said.

Volvo plans Chengdu assembly plant

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