Volvo to Open First U.S. Factory in South Carolina

The Volvo automobile logo adorns the grill on one of the company's sedans at a dealership in Beijing, China, on Tuesday, Aug. 3, 2010. Zhejiang Geely Holding Group Co. completed the purchase of Volvo Cars from Ford Motor Co. in the biggest overseas acquisition by a Chinese automaker. Photographer: Nelson Ching/Bloomberg via Getty Images
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