Manufacturing News from the Engineered Designer Perspective

Volvo to Expand Production of XC40 SUV in Europe and China

Volvo is expanding production of its XC40 SUV in Europe and China in an effort to meet rising demand. According to the company, nearly 80,000 orders have been placed for the SUV, which prompted the company to expand production at its Ghent manufacturing facility. Production capacity will be added at the company’s Luqiao plant in China in 2019.

Volvo President and CEO Håkan Samuelsson stated that the XC40, which first launched in 2017, “has surpassed even our highest expectations.” The Swedish automaker also plans to capitalize on the popularity of its new, smaller models with the introduction of new models on its CMA, which will include fully electric vehicles and be sold globally in all major regions. Further details are yet to be released.

“The small SUV segment is the fastest-growing segment in the industry now,” said Samuelsson. “With these additional CMA-based models, we expect to benefit further from that growth.”

Global output for the new-generation S60 will take place at the company’s US plant, slated to begin production later this year. The main production site for the V60 will be a factory in Torslanda, though some output will continue in Ghent.

Zhejiang Geely bought Volvo from Ford in 2010 and spent over $11 billion modernizing its production facilities. In 2017, Geely purchased nearly 50 per cent of Malaysia’s Proton Holdings and 51 per cent of UK automaker Lotus.

Geely’s owner, Li Shufu, has high expectations for the company, with the ambitious goal of turning it into a global player. In 2016, he unveiled Lynk & Co, a brand aimed at younger consumers. Volvo and Geely own 30 and 50 per cent of Lynk & Co, respectively. Ownership of the rest of the company lies with Zhejiang Haoqing Automobile Manufacturing. Lynk & Co shares the production line in a Luqiao factory with Volvo XC40.

Latest Stories

Volvo to Expand Production of XC40 SUV in Europe and China

Volvo to Expand Production of XC40 SUV in Europe and China

​Volvo is expanding production of its XC40 SUV in Europe and China in an effort to meet rising demand. According to the company, nearly 80,000 orders have been placed for the SUV, which prompted the company to expand production at its Ghent manufacturing facility. Production capacity will be added at the company’s Luqiao plant in…

Nexen Energy Expansion Announced

Nexen Energy Expansion Announced

​Nexen Energy recently announced that it will spend approximately $400 billion on a 26,000-barrel-per-day expansion of its Long Lake oil sands project in northern Alberta. Plans include adding three steam-driven well pads that will send bitumen to its existing facilities. According to a company spokesperson, site preparation has already begun, with production slated to being…

How Greener Grids Can Stay Lit

How Greener Grids Can Stay Lit

​California recently made headlines after becoming the first state to require solar panels on all new homes. While the move seems at first glance as a major step in the right direction, it also poses a lot of questions regarding the feasibility of the move and its effect on existing distribution networks. ​In order to…

Jaguar Land Rover Set to Move Discovery Production from United Kingdom to Slovakia

Jaguar Land Rover Set to Move Discovery Production from United Kingdom to Slovakia

​Jaguar Land Rover is gearing up for a move from a plant near Birmingham, England to one in Slovakia, a move that is facing criticism as it jeopardizes hundreds of jobs. The company stated in April that approximately 1,000 posts currently filled by workers on short-term contracts would be eliminated following the move and that…

Elon Musk’s Boring Company Making Waves with Latest Announcement

Elon Musk’s Boring Company Making Waves with Latest Announcement

​Elon Musk’s Boring Company gained worldwide attention when Chicago chose the company to build a futuristic, high-speed transportation link between downtown Chicago and the O’Hare Airport. ​“We’re really excited to work with the Mayor and the City to bring this new high-speed public transportation system to Chicago!” said The Boring Company via Twitter. The system,…

Could the Future of Energy be Entirely Renewable?

Could the Future of Energy be Entirely Renewable?

​As the world shifts toward greener alternatives to fossil fuels and eco-friendly lifestyles, we begin to wonder just how far we are capable of going. Are there enough options and resources available to meet all our energy needs in environmentally-friendly ways? Is the vision of a green future with 100 per cent renewable energy feasible?…

Airbus and Bombardier Finalize Deal

Airbus and Bombardier Finalize Deal

​According to a dual announcement earlier this month, Airbus and Bombardier have finalized the C Series partnership agreement which was first announced on October 16th. Bombardier struck the deal with Airbus amid a trade dispute with Boeing, which claimed that the Canadian plane received illegal government aid that unfairly shut out the competition. The partnership…

Researchers Test Feasibility of EmDrive and Mach Effect Thrusters

Researchers Test Feasibility of EmDrive and Mach Effect Thrusters

​A team of physicists from Technische Universität in Dresden, Germany recently tested the feasibility of EmDrive and Mach Effect Thrusters. The EmDrive, an experimental space engine design, gained worldwide attention after NASA reported that the engine was being tested to discover its merits. Two years later, no further updates have been presented, which led the…

Crude Oil Prices Uncertain as OPEC Meets to Discuss Supply

Crude Oil Prices Uncertain as OPEC Meets to Discuss Supply

​Crude oil prices fell in several markets this week pending a June 22nd meeting of the Organization of Petroleum Exporting Countries in Vienna. Prior to the meeting, both OPEC and non-OPEC producers will come together to discuss production levels at seminars scheduled for June 20th and 21st. ​“Last week, we saw some news stories indicating…

Auto Industry Expected to Meet 2025 Standards

Auto Industry Expected to Meet 2025 Standards

​The Union of Concerned Scientists, which meets every few years to discuss the auto industry’s emission reduction progress, released this year’s analysis. The analysis, which was based on model year 2017 vehicles, shows that the industry has reached the lowest levels yet in both smog-forming and global warming emissions from new vehicles. However, that progression…

1 2 3 85Next →

Other Popular News and Stories

  • GM investing $250 million at Ingersoll plant
  • SPPCA's new landing gear facility opening in Mississauga
  • Economy managed slight growth in Q4, but shrank in December
  • Manufacturing the sole industry showing job losses in February
  • BC refinery close to financing deal
  • Canadian business, except energy, had profitable Q4: Statistics Canada
  • Bombardier holds update on CSeries aircraft
  • FTG Aerospace to supply avionics to Rockwell Collins
  • Pratt & Whitney Canada announces helicopter engine contracts
  • Volkswagen to produce super-efficient hybrid
  • Canadian oil production up; producers turning to railways for shipment
  • Skilled labour shortage in world oil industry: report
  • Miners struggling with higher costs, lower prices
  • Bombardier nearly ready to flight test CSeries
  • DART Aerospace re-branding itself to reach wider markets
  • Canada keeping up pressure on US for Keystone XL approval
  • Japex to buy into west coast LNG development
  • Russian leasing company orders 42 CSeries jets from Bombardier
  • Clean energy expected to surge as pv costs drop
  • RV industry has growing role in Canada's economy: study