Volvo Cars CEO Sees Trade Dispute as 'Bigger' Future Threat

Volvo Cars CEO Sees Trade Dispute as 'Bigger' Future Threat

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the strategic decision to establish a factory in South Carolina, emphasizing the importance of local production for credibility and consumer proximity. It outlines production plans, aiming for a balanced trade with the US. Concerns about trade disputes with China and the impact of tariffs are addressed. The supply chain's reliance on NAFTA and cross-border parts is explored, with a focus on negotiation and global trade. Finally, the video highlights plans for electric vehicle production, aiming for 50% sales by 2025.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected local content percentage of parts used in the cars produced at the South Carolina plant?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company view the current trade dispute between Europe and China?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the company's plans regarding electric vehicles at the South Carolina plant?

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