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Volvo first broke ground on its first US manufacturing plant in 2015. The plan was to shift production for their S60 model from China to the US, and as of this year it's up and running, marking the first Volvos to roll off the line in the States. The 2019 Volvo S60 is currently being assembled in their pant in Ridgeville, South Carolina and it's just in time to take advantage of tariffs levied against their competition.
“We’re proud to launch Volvo’s first American-made car,” Volvo's Vice President of American Manufacturing, Jeff Moore said. “Our team is dedicated to delivering the exceptional craftsmanship, Scandinavian design and dynamic feel that defines the Volvo brand.”
Volvo is planning on extending the plant's capabilities to begin assembling their new XC90 SUV starting in 2021.
This new plant is the most recent in Volvo's global network of manufacturing sites. Others include Belgium, Canada, China, Sweden, and Thailand.
Having a facility in the US at this time is fortuitous. A tariff of up to 25 percent on Chinese made vehicles will go into effect at the end of December, and by avoiding the extra costs associated with importing, Volvo can provide their vehicles at a lower cost, presumably increasing revenue through increased sales.
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Written By: Todd Hendrickson
Source: thedrive.com
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