
Volvo to Reduce Workforce by Up to 800 Positions in the U.S. Due to Tariff Challenges
In a significant move reflecting the current economic climate and ongoing trade disputes, Volvo has announced it will be cutting approximately 800 jobs in the United States. This decision comes as the company grapples with uncertainty surrounding tariffs and their potential impact on profitability and operations.
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Isuzu Expands Presence in the U.S. with New South Carolina Plant Amid Tariff Concerns
In a significant development for the automotive industry and the U.S. economy, Isuzu Motors has announced its plans to construct a new manufacturing facility in South Carolina. This strategic expansion comes in light of impending tariffs on imported vehicles, which are expected to take effect in the near future. The decision underscores Isuzu's commitment to bolstering its manufacturing footprint within the United States while navigating the evolving trade landscape.
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