Volvo will add production of its new EX30 in Europe to keep pace with strong demand for the full-electric small SUV and to provide a "natural hedge" against possible government actions aimed at curbing imports of the China-made version of the car.
Volvo will add production of its new EX30 in Europe to keep pace with strong demand for the full-electric small SUV and to provide a "natural hedge" against possible government actions aimed at curbing imports of the China-made version of the car.
Price increases from tariffs are inevitable for most manufacturers, but they will position adjustments strategically to avoid backlash from the Trump administration as well as consumer concern.