Volvo to invest over $11 billion within the next five years

To tap increasing demand in markets including China, Volvo Cars, plans to invest as much as $11 billion worldwide over the next five years. In a recent interview in Beijing, CEO Stefan Jacoby said that Volvo is also working to win government orders and is considering making cars in China for export. Jacoby said the company, as a global premium brand with European heritage,
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