Volvo Cars open to US partnerships, CEO says

Reuters

Wed, May 13, 2026 astatine 4:36 AM CDT 1 min read

OSLO, May 13 (Reuters) - Sweden's Volvo Cars is unfastened to practice with different ‌companies successful the United States arsenic ‌the car shaper seeks to amended utilise the existing ​production capableness astatine its South Carolina plant, the company's CEO said connected Wednesday.

Auto makers worldwide are scrambling to rethink their accumulation strategies ‌to contend with ⁠President Donald Trump's duties connected overseas cars, portion of his wider argumentation ⁠to boost U.S. manufacturing.

Volvo Cars, which has acceptable retired respective plans for gathering much ​cars successful ​the U.S., is ​open to practice successful ‌assembly and operation arsenic good arsenic successful sourcing and proviso concatenation activities, CEO Hakan Samuelsson told the FT "Future of the Car" conference.

"That is thing I deliberation we request arsenic ‌we are present expanding ​our beingness successful the ​U.S.," Samuelsson said.

"It's ​part of the regionalisation of ‌the world, we request to ​be overmuch ​more industrially contiguous successful the U.S. and we request to capable the mill ​we person ‌there," helium added.

Volvo Cars is majority-owned by ​China's Geely Holding.

(Reporting by Terje Solsvik; ​editing by Niklas Pollard)