Report: Volvo and Pininfarina end C70 joint venture

Volvo has announced it will take sole ownership of its joint manufacturing facility with Pininfarina. The Pininfarinia Sverige AB plant in Uddevalla, Sweden, only builds the Volvo C70 convertible. According to Volvo, the changeover will take place in 2013, and the automaker will continue to build C70s at the plant.

Volvo and Pininfarina have been bedfellows at the plant since Volvo began building C70s in 2003. The car moved just over 4,000 units in 2010, down nearly two percent from the 2009 total.

[Source: Autoweek]