Volvo’s Localization Strategy Signals New Era for Global Automakers
Global automakers are shifting from standardized production to localized strategies as geopolitical tensions reshape supply chains. Volvo’s South Carolina facility demonstrates how companies are building resilience through cultural adaptation and regional manufacturing.
The End of One-Size-Fits-All Globalization
Global business is undergoing a fundamental transformation as decades of uniform globalization give way to more fragmented, localized approaches, according to industry analysis. While world merchandise trade volumes continue growing at approximately 2.5% annually according to WTO data, the mindset driving international business has shifted dramatically from ideological globalization to pragmatic adaptation.