|Bid||152.50 x 0|
|Ask||152.60 x 0|
|Day's Range||149.80 - 153.10|
|52 Week Range||135.40 - 153.10|
|PE Ratio (TTM)||17.18|
|Dividend & Yield||0.36 (1.93%)|
|1y Target Est||N/A|
South Carolina plant will add another 2,500 workers to the 2,000 already being recruited.
Volvo will seek to emulate the success of its XC90 and best-selling XC60 SUVs, which have put it on course for a fourth straight year of record sales. Since it was bought from Ford (F.N) by Zhejiang Geely Holding Group [GEELY.UL] in 2010, Volvo has taken on larger rivals such as BMW (BMWG.DE) and Daimler's (DAIGn.DE) Mercedes-Benz with new, more upmarket models. "The XC40 is our first entry in the small SUV segment, broadening the appeal of the Volvo brand and moving it in a new direction," CEO Hakan Samuelsson said.
Before the first car even rolls off the assembly line of a new production plant just outside Charleston, South Carolina, Volvo is expanding plans for the plant.