Thursday, June 4, 2009


Local assembly and local component incentives lead to Volvo opening its first foreign assembly plant, in Halifax, Canada. Its output will be a few thousand vehicles per annum.

The US is now the company’s biggest export market by far, and Volvo is the fourth-largest imported brand there.

The Volvo Group now has a turnover in excess of two billion kronor and over 20,000 employees.

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