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Volvo engine project in Zhangjiakou may expand to whole vehicle

(People's Daily Online)

16:23, July 23, 2012

The Volvo engine project has finally settled in Zhangjiakou.(Photo/Xinhua)

Edited and translated by Li Qian, People's Daily Online

The Volvo engine project has finally settled in Zhangjiakou, Hebei Province.

According to a report from "International Finance News" dated July 16, 2012, the Volvo engine project has already been in progress in secret for one year, and the documents from the local government show that the construction of the plants of engine project have already begun.

The Zhangjiakou municipal government, Geely Group and Tongtai Group signed a cooperation agreement last April, which shows the land may become the Volvo vehicle production base, according to the website of the Development and Reform Commission of Zhangjiakou.

Volvo, however, denied the rumor about the vehicle production project in Zhangjiakou, indicating that Volvo has just two production bases in China - Chengdu and Daqing.

Read the Chinese version at: 沃尔沃张家口发动机厂或扩至整车 , Source: People's Daily Online


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