Volvo Cars CEO: It's Important to Build in the U.S.

Volvo Cars CEO: It's Important to Build in the U.S.

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Interactive Video

Business

University

Hard

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The transcript discusses the strategic decision to expand Volvo's operations globally, emphasizing the importance of local presence in the US market. It explains the choice between South Carolina and Mexico for production, highlighting the significance of being present in the largest market. The potential impact of the Trump administration on trade with Mexico and China is considered, with a focus on maintaining an open and fair trading environment. The company expresses its commitment to investing in the US and outlines its expectations for future trade policies.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors influenced the decision to develop the company into a global entity?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What commitment does Volvo expect from its retailers regarding investment in the brand?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the presence in the US market impact Volvo's business strategy?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of a Trump administration on Volvo's operations?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Volvo's stance on trade and how does it affect their production models?

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