» »

How and where is the new Volvo XC90 assembled? About the company Where Volvo is made.

13.01.2022

The first production Volvo rolled off the assembly line at the Gothenburg plant in 1927. Since then, the Volvo Car Group has remained a world leader in innovative and safe cars. Today Volvo is one of the most famous and respected automobile brands; the company's sales market includes about 100 countries.

Volvo Cars was part of the Swedish Volvo Group until 1999, when it was acquired by the American concern Ford Motor Company. In 2010, Volvo Cars was bought out Chinese concern Zhejiang Geely Holding (Geely Holding). The new owner contributed to a radical renovation model range Volvo, significant increase production capacity company and strengthening the position of the Swedish automaker in the global market.

The Volvo brand belongs to Volvo Trademark Holding AB, jointly owned by Volvo Cars and the Volvo Group.

The corporate and brand development strategy - Designed Around You - is focused on people's needs and underlies the company's production and business activities, as well as the basis of its corporate culture.

About 2,300 dealers (most of them independent companies) sell Volvo cars in about 100 countries. As of December 2018, Volvo Cars employed approximately 43,000 people worldwide.

Volvo Cars produces premium cars different types: sedans (S60, S90), station wagons (V40, V60, V90), cars off-road(V60 Cross Country, V90 Cross Country) and crossovers (XC40, XC60, XC90).

In 2018, Volvo Cars sold 642,253 vehicles. This year marked the company's fifth consecutive year of record sales. The largest sales market is China, accounting for 20% of total sales in 2018. It is followed by the USA (15%), Sweden (10%), UK (8%) and Germany (7%).

For the 2018 financial year, the Volvo Car Group recorded an operating profit of SEK 14,185 million (14,061 million in 2017). Revenue for the reporting period amounted to SEK 252,653 million (208,646 million).

Volvo Cars' headquarters is located in Gothenburg, Sweden, where resources for product development, marketing planning and administration of the company's current processes are concentrated there. Since 2011, Volvo Cars has offices in Shanghai and Chengdu (China). The company's Chinese division is headquartered in Shanghai and handles sales, marketing, purchasing, development and other support functions. A technology center is located on its territory.

In addition to the main plants in Gothenburg (Sweden) and Ghent (Belgium), engines for Volvo Cars have also been produced at the plant in Skövde (Sweden) since the 1930s. The production of body components has been established at the plant in Olofström (Sweden) since 1969. In addition, the company has assembly plants in Kuala Lumpur (Malaysia) and Bangalore (India), and in Shanghai, Stockholm and Lund (Sweden) and Silicon Valley (USA) there are research and development centers. Finally, Volvo Cars has design centers in Gothenburg, Camarillo (USA) and Shanghai.

In 2013, mass production was launched at the plant in Chengdu - Volvo cars are produced here for Chinese and American markets. In 2014, a second plant in China began operating in Daqing, and automobile engines are also produced at a plant in Zhangjiakou (China). Also, Volvo cars are produced at a plant in Luqiao (China). In June 2018, a new Volvo Cars plant opened in South Carolina (USA).

The Swedish car company Volvo is now owned by the Chinese automaker Geely. Agreement to purchase a famous car brand American giant Ford signed on Sunday. The transaction amount was almost two billion dollars.

1.8 billion dollars - this is the price of enterprises producing passenger cars under one of the most famous European brands. For the Swedes, this is unlikely to be a blow to national pride, since this is not the first time Volvo has been sold. In 1999, the enterprise became part of the Ford corporation, and it cost the Americans 3.5 times more than the Chinese - $6.5 billion. The crisis forced the dumping of excess assets - one of them was the Swedish brand.

"The main goal of the deal was to find a new owner who shares Ford's vision for the future of Volvo. We needed to find a new owner who can grow the business and at the same time care particularly about the unique features of the Swedish brand. And who also treats employees responsibly company and the community in which we operate. We have found, and I am pleased to announce, such an owner in Geely,” says Lewis Booth, vice president of Ford.

It was not possible to find it right away. Plans to sell Volvo were talked about back in 2008, but there was no buyer. Negotiations lasted almost two years, in the end the Chinese promised to preserve the Swedish appearance of the auto company as much as possible.

"Volvo will be managed by Volvo management. The company will be given independence from a strategic perspective. It will operate according to its own business plan. We are committed to maintaining the brand identity and see Volvo as a Swedish company, with a strong Scandinavian tradition," assures Li Shufu, Chairman of Geely.

Managers won't have to pack their bags - the headquarters will remain in Gothenburg. At first glance, as a result of the deal, Volvo's sales will not decrease, but increase. Plants in Sweden and Belgium will continue to assemble cars, but they will be joined by production on Chinese territory.

Geely's plans are not ambitious to say, they are simply grandiose. Now the Swedish manufacturer assembles about 300 thousand cars a year - the new plant in China should make the same amount. And this is only the Volvo brand - the concern's total production will amount to millions.

“We set a goal to achieve the production of two million cars per year by 2015. This is the strategic plan of Geely. Our positions are strongest in Russia and Ukraine. In Ukraine in particular - there we have launched the assembly of one of our company’s models,” says Zhang Nenger , Geely employee.

Acquisition famous brand raises the prestige of the Chinese automobile industry. Volvo will open a more expensive segment of the European market and its sales network to manufacturers from the Middle Kingdom. The Chinese even managed to persuade the union; at first it was categorically against the deal. But after lengthy discussions, trade unionists changed their anger to mercy. As they themselves explain, after familiarizing themselves with Geely’s financial plans.

"I believe the company has the strength and opportunity to grow and I am positive about the future. Geely has the ability to make Volvo profitable again," says Søren Carlson, head of the local Volvo workers' union.

In Sweden, 16 thousand people work at Volvo factories, and another six thousand work outside the kingdom. The union leaders were personally persuaded by the head of the company, Li Shufu. But now, after the signing, component suppliers are nervous; their technologies will become available to the Chinese, which probably doesn’t need to be explained. Auto experts can only argue what is better - a future under the Chinese flag or curtailing production, as is happening with the no less legendary Hummer brand. After all, after the failure of a deal with representatives of the Chinese auto industry, General Motors We decided to say goodbye to this brand altogether.

Volvo Cars has begun production of its best-selling XC60 at the Volvo plant in Chengdu, China. The expansion of production in China was made possible due to the constant growth in sales.

The Volvo XC60 is the second model to be produced in China. Production of the first model in China, Volvo sedan The long wheelbase S60L was launched in November 2013.

The expansion of production with the start of assembly of the XC60 at the Chengdu plant means the creation of an additional 500 jobs, bringing the total plant workforce to around 2,650 people. New system calculating working hours will allow you to reach the required production volume.

XC60 – Volvo bestseller worldwide and in China.

In the first nine months of 2014, global XC60 sales grew 20.4 percent to 98,309 units. During the same period of time, sales in China increased by 32.3 percent, with 24,940 vehicles sold. Earlier this year, total production of the XC60, which launched in 2008, reached 500,000 units.

"Start of productionXC60 in Chengdu is one of the latest milestones on the path of transformationVolvo Cars, - stated Håkan Samuelsson (Hå kanSamuelson), President and CEOVolvoCars. This is very important to support overall growthVolvoin a market that is today the largest forVolvo".

The Chengdu plant is located in the economic and technological development zone of central China. The plant can produce 120,000 cars per year.

Volvo Cars also has a plant in the city of Daqing in northeast China, where assembly of the Volvo XC Classic, a localized version of the first Volvo generations XC90, developed specifically for the Chinese market.

Volvo Cars has also operated an engine plant in Zhangjiakou, northwest of Beijing, since the fall of 2013, supplying assembly plants in Chengdu and Daqing.

All of the company's activities in China are carried out in full compliance with Volvo Cars' global standards and processes, which operate at the Torslanda and Ghent plants in Europe.

"The Chengdu plant is exactly the same as our plants in Europe,- told Lars Danielson (LarsDanielson), senior vice presidentVolvoCarsChinaOperationsand CEOVolvoCarChina. By quality level, technologies and equipment used, working conditions, safety standards and protection environment Our Chengdu plant fully complies with global standards and requirementsVolvo Cars".

Volvo Cars has enjoyed strong sales in China this year, with retail sales up 36 percent compared to 2013. Volvo Cars is clearly ahead of its competitors in the premium segment in China, rapidly increasing its market share.

In addition to the XC60 and S60L, segment leaders V60 and V40 show excellent sales figures in the Chinese market. Volvo cars are currently sold at more than 160 dealerships throughout China.

"The expectations of Chinese consumers are no lower than those of Europeans. They expect products of the highest quality,- speaks Mr. Danielson.Buyers have huge selection in the highly competitive Chinese market, so we guarantee high quality carsVolvo, produced at our Chengdu plant, which are no different from the cars produced at our plants in Europe."

------------

Volvo Car Group V 2013

In the 2013 financial year, profit from operating activitiesVolvo Car Groupamounted to SEK 1.919 million (SHK 66 million in 2012). Annual income for the specified period amounted to Shk 122.245 million. (124 . 547 ), while net profit reached the level960 Shk million (-542 Shk million). Retail sales worldwide for the year reached427 . 840 (421 . 951) cars – an increase of 1.4 percent compared to 2012. Profit from core activities increased due to cost reduction and strong sales, which indicates the successful implementation of the transformation planVolvo Car Group. According to the company's forecasts, financial results for 2014 will be positive, and sales will show another record and increase by 5 percent.

ABOUT Volvo Car Group

CompanyVolvo has existed since 1927. TodayVolvois one of the most famous and respected automobile brands in the world.Volvo Carssells its cars in approximately 100 countries, sales in 2013 amounted to 427,000 cars. Since 2010Volvo Cars owned by a Chinese companyZhejiang Geely Holding (Geely Holding). Volvo Carswas part of a group of companiesSwedish Volvo Group (Sweden), and in 1999 it was acquired by an American companyFord Motor Company. In 2010Volvo Carsbought by the companyGeely Holding.

As of December 2013 inVolvo Carsemployed more than 23,000 people worldwide. head officeVolvo Cars, product development, marketing and administrative functions are concentrated in Gothenburg (Sweden). head officeVolvo Carsin China is located in Shanghai (China). The company's main production facilities are located in Gothenburg (Sweden), Ghent (Belgium) and Chengdu (China). Car enginesVolvoare produced at the plant in Skövda (Sweden) andZhangjiakou(China).

    Volvo Cars Founded 1924 Key figures Stefan Odell (CEO) Type Subsidiary Ford Motor Company ... Wikipedia

    GAZ 21 ... Wikipedia

    This article is about the manufacturer passenger cars. About the Volvo concern, see the Volvo article. Volvo Personvagnar AB ... Wikipedia

    - (Sverige) Kingdom of Sweden (Konungariket Sverige). I. General information Switzerland is a state in Northern Europe, in the east and south of the Scandinavian Peninsula. It borders on the west and north with Norway, and on the northeast with Finland. To the south and east... ... Great Soviet Encyclopedia

    Main article: Automotive design The shape of the car depends on the design and layout, the materials used and the manufacturing technology of the body. In turn, the emergence of a new form forces us to look for new technological methods and... ... Wikipedia

    US Economy- (U.S. Economy) The US economy is the largest economy in the world, the locomotive of the world economy, determining its direction and condition. Definition of the US economy, its history, structure, elements, periods of growth and collapse, economic crises in America... Investor Encyclopedia

    Company founder Erich Zakowski (right) and Martin Schanze at the 1983 British Rallycross GP at Brands Hatch. Zakspeed is a German motorsport team founded in 1968 by Erich Zakowski. Located in Niederzissen, near ... Wikipedia

    Corporation- (Corporation) A corporation is a large association created for the purpose of economic activity in a certain area of ​​the market. Financial corporation, monster corporation, JSC corporation, Russian corporation, Internet corporation, history of corporations, ... ... Investor Encyclopedia

Europe can boast of quality cars. One of them is the cars of the Swedish company Volvo. The automotive industry giant produces trucks and cars. Vehicle, as well as components.

Production

Many people are confused about which country produces Volvo. This is due to the company's extensive product line.

The Scandinavian Peninsula is home to one of the world's most renowned manufacturers of reliable vehicles. Volvo's first producing country is Sweden. Since 1927, it is here in the city of Gothenburg that the best cars, parts and units.

The company specializes in manufacturing:

  • trucks;
  • passenger cars;
  • agricultural and forestry equipment;
  • engines for various purposes.

The concern successfully carried out its activities in the automotive industry. Until 1999, the company produced passenger models, but then Volvo Personvagnar became the property of Ford, another giant in auto production, and later to the Geely concern (China). Today there are several areas of activity of the concern.

Despite the fact that the company that owns the Volvo Cars line is located in China, the main facilities producing cars and trucks, are still located within the European Union.

European factories of the concern

  • XC90;
  • V60;

The Gothenburg facilities make cars for the markets of Europe and the USA. The share in the total production of all vehicles is about 11%.

Not far away, in the city of Skövde, they produce power plants Volvo. The engines are distributed all over the world, to countries where the parent company's facilities are located. The conveyors in the city of Olofström produce body parts of the Scandinavian brand.

In addition, high-quality products are made in other European countries. So, in Belgium, at the Volvo Cars Ghent plant, located in the city of Ghent, the following models are assembled:

  • XC60.

It is the units assembled in Ghent that have the reputation of being the most high-quality assembly. This is all thanks to the fact that the enterprise is fully equipped with a closed type of production. The plant produces about 33% of cars from the total production volume.

In Torsland and Uddevalla in Switzerland, models come off the assembly lines that make up the lion's share of total production - 20%:

  • XC70;
  • S80;
  • XC90;
  • V601;
  • C70.

In addition to the factories presented above, the concern owns bus production in the UK and produces vehicles for various purposes in the USA and China. Assembly factories operate in India and Malaysia.

In Copenhagen, the Volvo concern has a research center where they develop and test innovations in technical transport units. A team of specialists is working on creating new models and introducing innovations, making the comfortable, bladeless and environmentally friendly vehicles of the Swedish brand even better every day.


Factories in Asia

Since 2013, the company begins producing vehicles at production facilities in the cities of Chengdu and Chongqing in China. Cars are made here domestic market countries. Opening production base in the country has made it possible to significantly reduce the cost of car models due to the absence of customs duties. More than half of all production comes from the Chinese market. They make the following car models:

  • S90.

Since 2015, the concern has been exporting cars to the USA produced in Chinese factories.

Volvo in the USA

Largest vehicle consumption market Volvo brand is in North America. Residents of the continent have long been accustomed to the reliability of cars and their high technical specifications. The largest plant producing passenger vehicles of the brand is the plant located in Ghent. It accounts for about half of the company's total turnover.

However, today the concern has its own plant in South Carolina, where it produces models of the 60th class, but it is planned to produce the 90th class as well. This made it possible to fill the American market with reliable and recognized cars. Previously, Volvo only had a research center in the United States.

Russian Volvo plant

Russia has become another market into which the company has introduced its capabilities. Today in Kaluga the production of the following trucks has been launched:

Suppliers of components to the plant are Sweden, Belgium and Germany, France and India. The Volvo Trucks concern, whose policy is aimed at selling products in the countries where they are produced, provides the Russian market with reliable freight transport.

The Russian manufacturer plans to produce up to 7 thousand trucks per year. Despite the consequences of the crisis, well-established truck manufacturing activities have been maintained in Kaluga and continue to provide employment for thousands of workers.

The company is betting big on heavy engineering and special transport. Kaluga plant is the most modern and modernized of all units in the Volvo Trucks line.