Business
Trump Tariffs: Volvo Vows to Boost US Production in Response to Levies
Volvo Car AB must make more vehicles — including another model — at its South Carolina factory after US President Donald Trump raised tariffs on imported autos, the manufacturer’s chief executive officer said.
“We will have to increase the number of cars we build in the US, and surely move another model to that factory,” CEO Håkan Samuelsson said in an interview Thursday. Volvo already builds EX90 and Polestar 3 electric vehicles at its plant near Charleston and “will have to look closely” at what other model it will add to production lines, he said.