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Volvo Cars quarterly operating profit beats expectations despite tariff hit
Volvo Cars reported a sharp decline in second-quarter operating profit on Thursday that nonetheless exceeded analyst expectations, sending shares up, though the company continues to face headwinds from tariffs and softening demand.
The chief executive of Volvo Cars urged the European Union to cut its 10% tariff on American-made cars, arguing that European ...
Håkan Samuelsson, CEO of Volvo, discusses the automaker's half-year earnings and explains the impact of tariffs on the ...
The company faced 1.4 billion kronor in restructuring charges and 11.4 billion kronor in impairments, but said its turnaround ...
By Jesus Calero (Reuters) -Swedish truckmaker Volvo reported a slightly better-than-expected second-quarter operating profit ...
Shares of Volvo Cars jumped as much as 10% on Thursday after the Sweden-based automaker beat analysts’ expectations.
As the electrified market is still in full swing, Volvo rises to the top with the release of their compact SUV, the EX40. In ...
Volvo Cars has identified the next vehicle it will build at its SC plant, a move designed to accelerate U.S. sales while ...
Volvo Cars will book a one-off charge of SKr11.4bn ($1.2bn) as the Swedish group forecast smaller profits from two critical ...
Lux three-row EVs are here but come with severe limitations. Plug-in hybrids offer battery power with extended gas range to ...
All we know is that the single-motor EX30 is still scheduled to arrive at some point in 2025, and Volvo has not said anything ...
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