Volvo Car AB must make more vehicles — including another model — at its South Carolina factory after US President Donald Trump raised tariffs on imported autos, its chief executive officer said.“We will have to increase the number of cars we build in the US,

Volvo Cars' new top executive said on Thursday the company would produce more cars in the United States while ramping up its regionalisation efforts, just as a 25% U.S. tariff on global autos takes effect.

Volvo Cars' old CEO, Håkan Samuelsson, will be returning to lead the company for the next two years, replacing the automaker's current chief, Jim Rowan. According to Volvo's official press release and a contributing Reuters report,