Volvo alters S60 production, export plans due to U.S.-China trade tariffs

Due to the imposition of higher trade tariffs between the U.S. and China, Geely-owned Volvo Cars has canceled plans to export S60 sedans to China from its new USD 1.1 billion Volvo plant in Charleston, which opened in June as the company’s first U.S. plant.
At the time, Volvo said it anticipated employing 3,900 peopl....

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