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Volvo Cars to cut 125 jobs at US plant in South Carolina

  • Volvo Cars announced on May 7, 2025, that it will cut about 125 jobs at its Charleston, South Carolina, plant, affecting 5% of the workforce there.
  • The workforce reduction follows shifting trade policies and economic uncertainty, including tariffs imposed by the U.S. Government on foreign vehicles and parts.
  • Volvo's manufacturing plant in Charleston, which began operations in 2018 and employs around 2,500 workers, has an annual production capacity of 150,000 vehicles and currently assembles the EX90 electric sport utility vehicle alongside Polestar’s third model.
  • The company aims to reduce costs by $1.88 billion and maintains that the U.S. Remains a key market while planning to add 4,000 jobs and increase factory output in the future.
  • The layoffs illustrate the impact of trade tensions on the automotive sector and suggest Volvo is adjusting production amid uncertain freight demand and regulatory environments.
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Live5News broke the news in on Monday, May 5, 2025.
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