Pininfarina Sverige AB, a Pininfarina-Volvo Car Corporation joint venture
In 2003 a new company was formed in the joint venture and the base was established in Uddevalla, Sweden. This new company, which was called "Pininfarina Sverige AB," is responsible for all operations at the Uddevalla plant, including project management, process engineering, prototyping and testing services.
Pininfarina is the majority owner with 60 percent and Volvo Car Corporation holds the remaining 40 percent.
The C70, a convertible with a unique three-piece retractable hardtop, is the first car developed and manufactured by Pininfarina Sverige AB. Starting from the styling defined by Volvo, Pininfarina dealt initially with the engineering. Pininfarina Sverige AB has been manufacturing of the Volvo C70 starting from the first of 2006 and has a maximum manufacturing capacity of over 20,000 cars per year.
