Volvo is complicated. Basically a lot of these smaller companies and countries realized there was no way they could make the economics work with the cost of electronics and software-related R&D being what they are. So they sold to larger players. But design and final assembly still happens in Gothenburg for high-end models that are typically destined for the EU market. The US now manufactures the SUVs.
Volvo is complicated. Basically a lot of these smaller companies and countries realized there was no way they could make the economics work with the cost of electronics and software-related R&D being what they are. So they sold to larger players. But design and final assembly still happens in Gothenburg for high-end models that are typically destined for the EU market. The US now manufactures the SUVs.