Jun
19
Volvo Opens U.S. Factory in Timely Hedge Against Trade Tensions
By-
$1.1 billion plant will make up to 150,000 cars, employ 3,900
- S60 sedan could help avoid some tariffs in China trade spat
When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud step in the Swedish automaker’s rebound and global expansion, not a chess move in anticipation of a possible trade war.
Now that the plant is about to begin production, it’s poised to serve as a small hedge against tariffs at a time when economic barriers are being erected almost daily…
Volvo Opens U.S. Factory in Timely Hedge Against Trade Tensions
