Volvo began production of Volvo XC40

The Swedish auto group Volvo has started a series production of the Volvo XC40 crossover model presented in September. The cars are assembled in Ghent, Belgium, at the Volvo Cars factory. The new model is a more compact version of the previous one, it is shorter and lower than the Volvo XC60. The new car will cost a little less than the other models of this class, thereby, it will become more affordable for customers. The first cars will appear on the roads as early as the beginning of 2018.

Over the past week, Volvo stocks have risen by 0.9% and will continue to grow on the news. Trade will be available during the European session, from 07:15 to 15:00 GMT.

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