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Volvo Regionalizes Global Production to Sidestep Tariffs
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Volvo Regionalizes Global Production to Sidestep Tariffs
Volvo Cars is restructuring its global operations to grant its three main markets—U.S., China, and Europe—greater decision-making authority, CEO and President Håkan Samuelsson said during a July 17 call with analysts. The move aims to enable faster responses to the rapidly shifting trade environment influenced by tariffs and to accelerate profitability. Samuelsson emphasized the importance of regionalization to regain growth, particularly in Chi…
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