Volvo Car Group is poised to become the first major automaker to build cars in China for the U.S. market, underscoring the looming threat of Chinese imports to Detroit’s car makers. On the one hand, Volvo is more of an international product as opposed to a China product. Also, the Volvo brand has a lot of credibility.
Could this be a new trend? Probably not, but more companies might move in this direction slowly over time. Don’t expect Ford or GM to start anytime soon.
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