Jun
19

Volvo Opens U.S. Factory in Timely Hedge Against Trade Tensions

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  • $1.1 billion plant will make up to 150,000 cars, employ 3,900
  •  S60 sedan could help avoid some tariffs in China trade spat

When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud step in the Swedish automaker’s rebound and global expansion, not a chess move in anticipation of a possible trade war.

Now that the plant is about to begin production, it’s poised to serve as a small hedge against tariffs at a time when economic barriers are being erected almost daily…

Volvo Opens U.S. Factory in Timely Hedge Against Trade Tensions

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Categories : Hedge Funds

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