Volvo to boost production of XC90
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Volvo to Boost Production of SUV Model
Highlights:
Volvo may speed up production of its new sport utility vehicle, the XC90, after Volvo said the number of buyers interested in the vehicle, combined with the loss of 350 in the sinking of a Norwegian cargo ship last week in the English Channel, has caused concern that demand may outstrip supply.
Delivery times for the XC90 are already long. Buyers in Sweden have to wait as long as a year to acquire the four-wheel drive SUV. After the accident, there were fears the wait times could be longer.
"We have a general increase in orders for the XC90 model which means that we are now looking at the possibility to increase production," Volvo spokesman Christer Gustafsson said.
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