Volvo Kaluga plant has nearly quadrupled production in 2017

Volvo Kaluga plant has nearly quadrupled production in 2017. Volvo Group Trucks factory has manufactured 4665 trucks in 2017, which is equivalent to a 3.7 times year-on-year rise. In the meantime, the plant has increased its production scale from October 2017 onwards. The facility currently manufactures 26 trucks daily, in a five-days-a-week production scheme, as stated by Volvo Trucks press office.

Volvo Kaluga plant provides 78% of the volume of sales in Russia. Volvo has sold 6001 new trucks in 2017, achieving a 3.3 times year-on-year growth. The share of Volvo Trucks amongst the Big Seven has risen to 22% in 2017, from 16% the year before.

Volvo Kaluga plant has increased production levels in Kaluga last year, improving the quality of the final product at the same time. According to official ratings, Kaluga Volvo Group was ranked second amongst all 16 production plants of the company in the world.

As one may remember, Volvo Trucks has become the first foreign truck manufacturer, which opened its own full-scale factory in Russia in January 2009. The investment in the project has exceeded €100 million. The annual production capacity of the plant is 15,000 units. A welding and paint shop for Volvo Group cabins has been established in November 2014, with a similar capacity. The investment in the shop has amounted to approximately €90 million. The company plans to launch the production of Volvo I-Shift automatic gearboxes in the near future.

Source: RusAutoNews.Com