Volvo Is Opening its US Factory to Other Brands

Open Production Floor Volvo Cars is opening up its doors to other automakers in a bid to maximize its production facility in South Carolina. Volvo Cars’ CEO, Hakan Samuelsson, went on record at the Future of the Car Conference that the brand can do something to help the U.S. auto industry.The move is opportune and comes at a time when other automakers are working around U.S. President Donald Trump’s duties on imported cars. American brands are set to receive up to $2.3 billion in tariff refunds, but others aren’t as lucky. New developments could see other imported cars jump up in price. With that, Volvo may be able to help imported brands set up shop with a small catch.

…