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Volvo has big plans for the future
"Volvo is considering building cars in the US in order to get over the issues caused by the fluctuation of the American dollar, with the company also planning to expand its presence on the American market, as Automotive News (sub. req.) writes. The move is part of an ambitious business plan, which should see the company thrive under its new Chinese owner, Geely. The carmaker wants to double its annual sales, having set itself an annual target of 800,000 units. The company will invent $11 billi..." Continue Reading →
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