Breaking News, World News and Taiwan News.

Volvo mulls building Indian car plant as part of global sales drive

AFP
December 29, 2012, 12:05 am TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

NEW DELHI -- Swedish carmaker Volvo said on Thursday it was studying the possibility of setting up a car manufacturing plant in India as part of a drive to nearly double global sales.

The company, owned by Chinese group Geely Automobile, aims to increase worldwide sales to 800,000 vehicles by 2020, from a current 440,000 a year.

“It makes sense to set up a car manufacturing facility in India as we target sales of 20,000 units by 2020 here,” Volvo Auto India managing director Tomas Ernberg said in western Ahmedabad city, the Press Trust of India reported.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	US probes fraud claims involving firm bought by Hewlett-Packard

NEXT ARTICLE
SeaWorld files plans to go public with US$100 mil. initial offering

Sponsors
▪	"JJshouse is the leading supplier of all kinds of dresses. You can buy your favorite prom dresses here."
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	The best place to buy custom tailored prom dress for your big day is at JennyJoseph.com
▪	Select hotel by map and save 75% in thousands hotels in Canton, Beijing and 500 cities in China.
▪	Buy cheap eyeglasses online and save up to 80% over regular retail price when you buy prescription eyeglasses at cheapglasses123.com.
▪	Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.
▪	Myreviewsnow.net offer you the power of making informed purchases before you buy, with product reviews and online consumer myreviewsnow.net.
▪	EyewearCanada.com offers prescription glasses from $5.95. 100% Satisfaction guaranteed.
▪	GlobalMarket.com is the largest China suppliers B2B directory can help you find quality made in China products, Promotional Products.