Volvo suspends production at SC plant citing parts shortages
Volvo Cars has halted production of its battery powered EX90 sport-utility vehicle at the automaker's South Carolina factory due to a parts shortage. (Photo provided by Volvo Cars)
Volvo Cars has halted production at its Lowcountry plant because of a parts shortage, highlighting the growing supply chain issues automakers nationwide are experiencing in the wake of President Donald Trump's on-again, off-again tariffs.
Volvo, which builds the all-electric EX90 sport-utility vehicle at its $1.2 billion plant in Ridgeville, did not immediately specify the parts involved or say how long the shutdown announced Thursday is expected to last.
The carmaker is working with suppliers to resolve the problem and get the factory off Interstate 26 up and running again, according to news reports.
The shutdown comes on the heels of Volvo announcing layoffs affecting 5% of the plant's workers, or roughly 100 people, and a global workforce reduction of 3,000 employees, most of them at the automaker's Sweden headquarters.
The layoffs are part of nearly $2 billion in cost reductions Volvo is undertaking as tariffs have roiled global trade.
The EX90, with a list price of $79,995, is the only vehicle Volvo builds at its South Carolina factory.
The company has said it may add production of other vehicles at the Lowcountry site to offset tariffs on imported vehicles, which make up most of Volvo's most popular sellers in the United States.
The EX90 is the flagship model in Volvo's pledge to build an all-electric lineup, but its sales have lagged far behind the brand's other gas-powered and hybrid models.
Through April, Volvo sold 4,051 EX90s worldwide compared with sales topping 80,293 for its most popular XC60 mid-sized SUV.
All told, EX90 sales have made up about 1.8% of Volvo's 231,100 global sales through April.
This is a developing story and will be updated.
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