Volvo adds XC90 to first U.S. plant, will boost investment to $1.1 billionSept. 25
Volvo Cars will double down its bet on its upcoming U.S. factory by adding production of its next-generation XC90 crossover and boosting investment to a total of $1.1 billion. The XC90 -- currently built in Torslanda, Sweden -- is the second vehicle planned for production at the plant in South Carolina.
Volvo concerned about possible U.S. import taxApril 10
Volvo says it will suffer if the United States enacts taxes on imported goods. This despite the company's plan to hire up to 4,000 workers for a new South Carolina plant that will build the S60 sedan.
Volvo to build next-gen S60 at S.C. plant starting in 2018Sept. 25, 2015
Volvo readies compact crossover for 2018, sources sayOct. 13, 2015
Volvo will introduce a compact crossover, expected to be called the XC40, in early 2018, sources told Automotive News Europe. Volvo CEO Hakan Samuelsson said a compact SUV is a priority for Volvo but he declined to confirm the name of the model or the timing of its arrival.