Underpinnings Meaning and Definition in Dictionary
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- Volvo Plans $500 Million U.S. Factory to Revive Car Sales
The plant will start operation in 2018 and produce vehicles built with the same underpinnings as the XC90 sport-utility vehicle, Gothenburg, Sweden-based Volvo Cars said. The company has drawn up a shortlist of possible sites and will decide later on the plant’s location, size and models. Read more on this news related to 'Underpinnings'
- Volvo Cars Plans $500 Million U.S. Factory to Revive Sales
The plant will start production in 2018 with targeted capacity of 100,000 to 120,000 autos that will use underpinnings of the company’s new XC90 sport-utility vehicle, Lars Wrebo, head of manufacturing and purchasing, said in a phone interview. The plant will give Volvo a local presence, putting it on a similar footing as BMW AG and Mercedes-Benz, and also help Read more on this news related to 'Underpinnings'
- Toyota to Shift Half its Vehicles to New Platforms by 2020
By moving to the new underpinnings and more use of common components, Toyota will reduce development costs by at least 20 percent, Executive Vice President Mitsuhisa Kato said Thursday in Toyota City, Japan, where the company is based. The initiative, called Toyota New Global Architecture, follows a strategy Volkswagen began to implement in 2012. “Sudden and dra Read more on this news related to 'Underpinnings'