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If the Trump administration imposes tariffs on foreign cars, and trading partners retaliate, that could chill Volvo'splans to add jobs at its South Carolina plant, CEO Hakan Samuelsson said.
The Trump administration risks spoiling the experience American auto shoppers have in showrooms by limiting options and making vehicles more expensive, Volvo Car Group's chief executive officer said.
The redesigned Volvo S60 compact sport sedan will be Volvo's first U.S.-manufactured vehicle and its first new-generation model to be sold without a diesel variant.
Volvo is expanding its global manufacturing footprint with the inauguration of its first U.S. assembly plant, where it is investing about $1.1 billion to launch output this autumn of the redesigned S60 sedan for domestic and global markets.
Volvo is deepening its ties with Luminar, a fast-growing maker of a lidar, which is considered vital to a self-driving car's ability to see the world around it.
Volvo will skip the 2019 Geneva auto show and said its participation in other automotive exhibitions will no longer be a given as it focuses on "purpose-specific communications."
Volvo Cars is betting driverless vehicles will make up one-third of its deliveries by the middle of the next decade, setting the auto industry's most ambitious target yet for the new technology.
The market showing the greatest interest so far in Polestar, Volvo's recently launched stand-alone brand for high-performance electrified models, is North America, CEO Thomas Ingenlath says.
The new CEO of North America says new strategies for the XC40 crossover are helping surpass US sales goals.
Geely's Lynk & CO luxury startup wanted a blank-sheet approach to design -- even as Volvo helped create it.
Volvo hopes so as it takes bold steps to re-establish itself as more than a niche brand for staid college professors and safety-obsessed parents.
Volvo CEO Hakan Samuelsson expects the Swedish brand to capitalize on what he calls the strongest product lineup in the company's history.
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