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Volvo Shopping Around for a Partner to Build Cars in North America, Wouldn't Mind Talking to Fiat

Friday, June 22, 2012


Not to be outdone by its German rivals in the premium segment, Volvo is actively looking for a new partner to manufacture cars in North America, according to a report from Bloomberg News that cited an interview with the Swedish automaker's CEO Stefan Jacoby.

"In the medium term, five to six years, we need to find a proper solution in North America," Jacoby told the news site on Thursday during a conference in Monaco. "Building a plant ourselves is maybe more unlikely. I’m looking for a partner that could help us utilize a North American plant."

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