Volvo says location of new Chinese factory not yet determined

Today Volvo announced that their planned location for a new Volvo China factory were not concrete, and there is no substance to the rumors that have attached the cities of Shanghai, Beijing, and even Da Qing to the planned factory.

Plenty of media outlets in the Chinese media have been guessing where the Volvo plant may land, but Volvo have put the breaks on the rumors by announcing that the China factory is part of the global strategy for Volvo post Geely take over and an announcement will eventually come from the board of directors regarding the location of the factory.