RIDGEVILLE, SC—Volvo will build its first U.S. car factory in Berkeley County, SC. Volvo’s $500 million investment in the assembly plant could create as many as 2,000 jobs over the next decade and up to 4,000 jobs by 2030.
COLUMBIA, SC—South Carolina is a finalist for Volvo’s first North American assembly plant. North Carolina and Kentucky also are pursuing the Swedish carmaker’s plant.
GOTHENBURG, Sweden—Volvo Car Corp. is considering locating an assembly plant in the southern United States. The automaker is reportedly negotiating with Kentucky, North Carolina and South Carolina about incentives that could be offered for a plant.
Today’s car buyers typically order a number of custom options for their vehicles at the time of purchase. In turn, the automaker must identify and track each vehicle throughout the production process to ensure that all options are installed. Volvo Car Corp. uses RFID tags to meet this challenge.
STOCKHOLM—Volvo Cars is best known in the United States for safe cars built in Sweden. But CEO Hakan Samuelsson says he is looking at the pros and cons of bolstering the company’s U.S. product lineup with smaller vehicles made in China.