On top of transferring production of Volvo’s EX30 and EX90 models to Belgium, the carmaker may also move assembly of some Volvo models bound for the UK.
@makeasnek, this may be fine if and when all countries apply to the same rules, but this is not the case. China is heavily protecting its market, and they do so much more than the EU or the US. In China, foreign companies can’t even run a subsidiary in the country, they need a Chinese parther firm to create a joint venture. Recent Chinese ‘security laws’ even make simple market research almost impossible as it may be seen as ‘espionage’ by China, which made many consulting firms close their Chinese offices. And these are just two examples.
@makeasnek, this may be fine if and when all countries apply to the same rules, but this is not the case. China is heavily protecting its market, and they do so much more than the EU or the US. In China, foreign companies can’t even run a subsidiary in the country, they need a Chinese parther firm to create a joint venture. Recent Chinese ‘security laws’ even make simple market research almost impossible as it may be seen as ‘espionage’ by China, which made many consulting firms close their Chinese offices. And these are just two examples.