Report
Volvo’s turnaround plan leans into American buyers and Chinese ownership
The Wall Street Journal reports the plan comes as Congress debates a ban on Chinese carmakers.
TLDR
The Wall Street Journal reports that Volvo’s chief executive outlined a plan to revive the company by appealing to American buyers and leaning into its Chinese ownership. He sees a future with more Chinese parts in American cars, even as Congress debates a ban on Chinese carmakers.
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