Sun, Jan 15, 2017 - Page 15 News List

Foreign automakers wave
the US flag in Detroit

Foreign companies scrambled to trumpet their willingness to manufacture cars in the US after the US president-elect threatened them with high tariffs if they sell cars that were made elsewhere

By Tangi Quemener  /  AFP, DETROIT, Michigan

Sweden’s Volvo Car Corp also hopes to set up a factory in Charleston, South Carolina, to make cars for export.

Whatever the make, “vehicles bound for the US market are mostly manufactured in the US,” auto analyst Rakoto said.

US consumers want to buy American, he said.

“An American Honda or an American Toyota is still a patriotic purchase after all and manufacturers are openly betting on this,” he said.

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