AMSTERDAM -- DAF was the first to build cars in Born, Netherlands on the site where NedCar is located. The DAF plant in southeastern Holland opened in 1967 with a state subsidy to re-employ workers after local coal mines were closed.
By 1973, the plant reached its then-capacity of 100,000 cars annually. But two years later, Volvo took control of DAF, at which time the Dutch government became a shareholder.
The Swedish automaker used the Born plant to produce the 340/360 range and then 440/460/480 models. When Volvo wanted to develop and produce another compact model, it formed a joint venture with Mitsubishi in 1991. Mitsubishi supplied a new platform for joint production of its Carisma and the Volvo S40 and V40 models.
In 1996, the plant's name was changed to NedCar. It was basically a non-profit supplier to both Volvo and Mitsubishi. Volvo, Mitsubishi and the Netherlands government shared ownership in the joint venture until the government withdrew in 1999.
When sales of the Carisma lagged behind the Volvo S40/V40, Mitsubishi installed a second assembly line for the Space Star minivan in 1998. That kept production capacity balanced between the two brands.
The joint venture eventually ended once Ford took control of Volvo and Mitsubishi became allied with DaimlerChrysler. Mitsubishi took over full NedCar plant ownership. The latest plant capacity is 280,000 units per year.