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Volvo planning factory in west China's Chengdu

SHANGHAI (AP) — Volvo Car Corp. says it is planning a manufacturing base for the western Chinese city of Chengdu, as it aims for expansion in the world's biggest market following its buyout by independent automaker Geely.

An official with the city's Automotive Industry Investment Bureau confirmed a report Tuesday that the Swedish carmaker had chosen Chengdu as a manufacturing base, but would not give further details.

The Volvo factory reportedly will be focused on making compact and economy cars on a large scale. Shanghai and the northern city of Daqing also had been vying for new Volvo factories following the acquisition last year by Geely.




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