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Sweden-based Volvo Cars is booking a impairment charge of 11.4 billion crowns ($1.2 billion) in the second quarter related to ...
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Just Auto on MSNVolvo Cars takes $1.2bn hit due to launch delays, new tariffsIn March 2025, Volvo Cars revealed the ES90 electric sedan, which combines fastback and SUV elements with 800V technology, ...
STOCKHOLM] Volvo Car posted a US$1.03 billion operating loss in the second quarter, hit by a previously announced impairment ...
Tariffs are impacting the brand-new ES90 and Volvo said the high fees prevent them from profitably selling the car in the ...
Due to import tariffs the company is currently unable to sell the Volvo ES90 profitably in the United States,” the company ...
Volvo Cars said it has scaled back its U.S. model lineup this year, among the first examples of a major automaker halting U.S ...
Volvo Cars has reported a group operating profit (EBIT) of SEK -10.0 billion for the second quarter of 2025, a result that reflects a persistently challenging environment for the global automotive ...
Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its ...
Volvo Cars has reported its first operating loss since its 2021 stock market listing in Stockholm as higher US tariffs and restructuring costs hurt its profitability.
Rising tariffs are pushing Volvo to make a big move. Discover how import costs are influencing the decision to bring ...
Despite software upgrades and planned volume growth, the EX90’s profitability is reduced due to delays and higher development ...
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