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Second Volvo Car plant outside Sweden: Assembly (1965–1972) Manufacturing (1972–present) XC40, V60, C40, EX30 (2025-) [5] Worldwide Debut model: Volvo Amazon: Previously named Volvo Cars Europe Industry (1965–2007) Halifax Plant Volvo Halifax Assembly (VHA) 3: Halifax, Nova Scotia, Canada: 1967–1987 [2] Debut model: Volvo 144: Assembly ...
At present, it is solely responsible for the introduction of Volvo articulated and bi-articulated buses in the Philippines. Philtrak, Volvo, and Del Monte have signed a supply and transfer of technology agreement wherein Volvo will supply its products, mainly the articulated and the bi-articulated bus chassis, and Del Monte will manufacture and ...
Under this agreement, Geely Auto controls 50% of Lynk & Co, Volvo Cars held 30%, and Zhejiang Geely Holding held the remaining 20%. [38] Geely dealership in Manila, Philippines. In 2018, Geely Auto entered a period that it describes as a "new phase", with the introduction of the "Technology Geely 4.0" architecture.
Honda Cars Philippines Inc. (HCPI) was established in October 1990. Under the Philippine government's Car Development Program, production operations commenced in February 1992, in their Santa Rosa, Laguna plant. To date, HCPI is a team of over 600 associates, working with 38 dealers nationwide and about 60 parts and materials suppliers.
Volvo Group (6.8% stake) In 2017, Geely acquired an 8.2% stake of Volvo AB, which is also about 15% of votes. [132] [133] In January 2024, Geely announced to reduce its holdings in Volvo Group by 685 million USD. The stake has been lowered from 8.2% to 6.8%. Despite the reduction, Geely remains the second-largest shareholder in Volvo Group. [134]
The Xingyue L is powered by the Drive-E series VEP4 2.0 liter inline-4 turbocharged injection engine from Volvo.The engine is available as the 2.0TD-T4 Evo and 2.0TD-T5 variants, with the 2.0TD-T4 Evo developing 218 hp (163 kW; 221 PS) and 325 N⋅m (240 lb⋅ft) of torque, and the more powerful 2.0TD-T5 variant developing 238 hp (177 kW; 241 PS) and 350 N⋅m (258 lb⋅ft).
The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial ...
Initially, Ford achieved only a tepid market with its D3 vehicles, though after the PAG group divested itself of Volvo, the Fifth Generation Explorer enjoyed broad market success. Geely was reported to have approached Ford in mid-2008 about a possible takeover of Volvo Cars. On 28 October 2009, Ford named Geely the preferred buyer of Volvo Cars.