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Volvo Cars invests $500 million to build new factory in U.S



Volvo Cars invests $500 million to build new factory in U.S


United States


Estimated Cost:



Volvo Cars announced plans to build a brand new manufacturing facility in the US, fulfilling its ambition to be a truly global car maker with an investment of $500 million.


The transformation plan involves the creation of a global industrial footprint, the complete renewal of Volvo’s product range over the next four years, the introduction of a new modular vehicle technology, the development of world-first safety technologies, a new design language and a range of class-leading connectivity services.

A Volvo logo is seen on a car at the Brussels International Auto Show January 22, 2015.  REUTERS/Yves Herman

The plant will serve export markets as well as the United States, where Volvo is aiming for a return to annual sales of 100,000 vehicles. It will help accelerate the introduction of build-to-order in the US as well as being an integral part of Volvo’s global manufacturing footprint, serving the US and export markets. Production will begin in 2018.


Company Name Volvo Cars
Location United States
Type Manufacturing Facility
Production Start's In 2018
Estimated Cost $500 million