Volvo eyes U.S. captive finance arm, may trim lineup

Volvo CEO Stefan Jacoby said that as part of the company’s plan for U.S. sales expansion, it may create a finance arm in the U.S. and have its lineup scaled back. He also told Automotive News after a Washington conference that it co-sponsored that this summer that it may raise the inventory of its core models in the U.S. market.
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