Despite software upgrades and planned volume growth, the EX90’s profitability is reduced due to delays and higher development ...

Sweden-based Volvo Cars is booking a impairment charge of 11.4 billion crowns ($1.2 billion) in the second quarter related to ...

Due to import tariffs the company is currently unable to sell the Volvo ES90 profitably in the United States,” the company ...

Despite an upgrade in software quality and a volume ramp-up plan, the Volvo EX90 will face decreased lifecycle profitability ...

Tariffs are impacting the brand-new ES90 and Volvo said the high fees prevent them from profitably selling the car in the ...

As noted by Reuters, Volvo is particularly exposed to the tariffs. While it does build some models at a plant in South Carolina, including the EX90, most of its vehicles are produced either in China ...

Geely-owned Volvo Cars has reported a significant loss for the second quarter (Q2) of 2025, with a group operating profit ...

Volvo Cars announces a significant impairment charge of approximately $1.2 billion due to import tariffs and launch delays of ...

Facing a 25% US tariff, the Geely-owned carmaker struggles to roll out two of its latest electric-powered cars.

Launch delays and tariff issues associated with its all-electric ES90 sedan and EX90 SUV will result in a $1.2B impairment ...

Volvo makes cars in several plants around the world, including in South Carolina, as well as in Sweden and in China.

Volvo’s electric transformation continues with the 2026 Volvo ES90, an all-new EV that blends traditional sedan styling with hatchback practicality. While it replaces the gas-powered S90 in some ...