While You Were Sleeping: March 30th, 2015

Derek Kreindler
by Derek Kreindler
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  • Hummer Hummer on Mar 30, 2015

    I'm more interested in the first story, but the second story is interesting, Volvos sales are so minuscule it's hard not to imagine this is more for Future-proofing Geely.

  • SCE to AUX SCE to AUX on Mar 30, 2015

    It's Volvo's last gasp in the US market, but possibly Geely's first toehold for building Chinese cars in the US. $500 million doesn't sound like enough money to build a car plant. In any case, if they can't drop prices, improve quality, and expand the lineup, this plant will only slow their demise. Also, if they're building the plant to reduce shipping costs, how do they expect to export these vehicles to other markets? Are non-US customers willing to pay more?

    • RobertRyan RobertRyan on Mar 30, 2015

      No Chinese cars , it is part of the rebuilding of Volvo by Geely. They want cheaper Labour cost and a place to export Volvo's Globally

  • Ronnie Schreiber Ronnie Schreiber on Mar 30, 2015

    Re: Oshawa. I thought the heart of the problem was the strong Canadian dollar making it expensive to manufacture there, but Chrysler seems to be staying in Windsor and Ford in Oakville. Building cars in Oshawa goes back before General Motors. McLaughlin was an independent company before they were absorbed by GM.

    • Wsn Wsn on Mar 30, 2015

      Nice timing ... The Canadian dollar has just fallen from $1USD to less than $0.8USD.

  • Ronnie Schreiber Ronnie Schreiber on Mar 30, 2015

    Re: EPA Is it the role of government agencies to lie to businesses as a negotiating tactic? Shouldn't government agencies like the EPA be, you know, honest?

    • See 5 previous
    • CJinSD CJinSD on Mar 30, 2015

      @ClutchCarGo Twenty billion dollars a year in additional regulatory costs for the industry will mean fewer new cars and fewer jobs. That isn't good for the public that I care about.