Volvo Cars defers project to build Lynk & Co cars in Ghent

The Swedish automobile manufacturer Volvo Cars has deferred its plans to build, as of the end of next year, Chinese cars of the Lynk & Co brand (subsidiary) in Ghent, Belga learned Wednesday from the company.

This project has been deferred due to increasing volatility on the Chinese market and growing macroeconomic insecurity.

According to Volvo Cars, this decision will have no impact on employment in the Ghent plant.

The Lynk & Co brand was launched in 2015 by Zhejiang Geely Holding, owner of Volvo Cars.

Ghent is the location one of two Volvo Cars plants in Europe, the Ghent plant manufactures cars since 1965. The plant currently employs 6,000 workers.


The author: Margareta STROOT

Margareta Stroot, a multi-talented individual, calls Brussels her home. With a unique blend of careers, she balances her time as a part-time journalist and a part-time real estate agent. Margareta's deep-rooted knowledge of the city of Brussels, where she resides, has proven invaluable in both of her roles. Her journalism captures the essence of the city, while her real estate expertise helps others find their perfect homes in the vibrant Belgian capital.

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