Volvo will start building its XC60 in the US next year
The CEO said in April the carmaker would produce more cars in the US, while also ramping up its regionalisation efforts.
Samuelsson told Swedish newspaper Dagens Nyheter Volvo Cars would need up to two years to expand its US car production.
"In the short term, within one to two years, it will be about selling the cars we have," he said to DN, adding the situation would put pressure on profit margins and customers will have to pay more.
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The Herald
an hour ago
- The Herald
Hamilton says he's 'useless' and Ferrari should replace him
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The Herald
10 hours ago
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Leclerc takes pole for Hungarian Grand Prix
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The Herald
a day ago
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Red Bull reprimanded after Verstappen throws out the towel
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