Volvo abandons its plans for a new plant in the United States



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The original plan was to employ 1,500 people in the factory by the end of 2018 and 4,000 in the next few years. Samuelsson does not say exactly how it will change.

The Charleston plant is the first of Volvo Cars in the United States and opened in June of this year.

"We thought Charleston could build cars in China, it will not work," Samuelsson said. USA Today.

Trump: They benefited for decades

Håkan Samuelsson says he is focusing instead on building the S60 model in China for the Chinese market.

Trump shows no signs of support for car taxes. He said on Twitter that US Customs had contributed to the growth of truck production in the US auto industry.

"If we did that with private cars coming here, a lot of the other cars would be built here …", writes the president and continues in a future tweet:

"… Moreover, the countries that send cars here have benefited from the United States for decades."

Samuelsson fears higher prices

According to USA Today, Håkan Samuelsson, CEO of Volvo, warns the Trump administration that he fears the consequences of such tasks:

"More expensive cars and probably even smaller volumes," he told the newspaper.

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