Today News – Volvo Cars Rips Up Production Plans, Citing US-China Trade War01:22

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Published on November 8, 2018

Today News – Volvo Cars Rips Up Production Plans, Citing US-China Trade War

Volvo Cars is shaking up production plans for much of its lineup in an effort to dodge tariffs the U.S. and China have slapped on auto imports. The Swedish automaker owned by China’s Zhejiang Geely Holding Group Co. has canceled plans to export S60 sedans from its first U.S. plant to China, just months after starting production. Volvo also will stop importing XC60 sport utility vehicles and dramatically reduce shipments of S90 sedans from China to the U.S. Volvo will pivot to mostly exporting S6…

Source: http://c.newsnow.co.uk/A/2/962002180?-42097:28482:3

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