Volvo Cars is so eager for growth, it’s planning to expand its first U.S. factory -- and it hasn’t even finished building it yet.
The Chinese-owned Swedish automaker is set to double the investment in its assembly plant near Charleston, South Carolina, to a total of $1 billion, said a person familiar with the plans. The added spending will support an additional 1,900 jobs in addition to the 2,000 originally planned, said the person, who asked not to be identified because the plans are private.
