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Sweden-based Volvo Automobile Corp's President of China Operations, Ong Eng Seong, said his company was studying the possibility of localizing production of Volvos in China.
Ong said that Volvo did not have any detailed plans and had made no decisions about production from China, though makers of other luxury sedans such as BMW, Mercedes-Benz and Cadillac have already localized in China.
Ong, who is also president of Ford Motor Co's Premier Automotive Group's (PAG) China Operations, is currently in Xiamen, a port city of East China's Fujian province, to attend the Eighth China International Fair for Investment and Trade that opened Wednesday.
Volvo rented business booths with a combined floor space exceeding 600 square meters at the fair.
Volvo would open a 3S dealership in Fuzhou, the provincial capital of Fujian, later this year, added Ong, and would build an independent maintenance center in Quanzhou, another port city in Fujian.
(Xinhua News Agency September 10, 2004)
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