Volvo to Open Plant in the US - Wall Street Journal
After years of losing out to Mexico in the race for new automotive assembly plants, the U. S. is about to notch a victory. , owned by a Chinese company, will spend $500 million to build a new vehicle plant in the U. S. The decision comes weeks after Daimler AG plans to spend a half-billion dollars to build a Mercedes-Benz. Source: www.wsj.com
