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With European roots and a Chinese majority owner, Volvo Cars is one of the automakers most exposed to President Trump’s trade war. Its response under new Chief Executive Håkan Samuelsson came ...
At the same time, Volvo Cars has started pulling sedans and station wagons from its U.S. portfolio amid waning interest, Reuters reported Thursday. It comes as U.S. tariffs of 27.5% on European-made ...
In response to the tariffs imposed by President Trump, Volvo Cars is streamlining its U.S. offerings by cutting back on sedans and station wagons. This strategic decision stems from the challenges ...
A Volvo Cars plant in South Carolina, where the automaker plans to start making its best-selling SUV. (Logan Cyrus/Bloomberg News) With European roots and a Chinese majority owner, Volvo Cars is ...
Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower ...
Shares of Sweden-based automaker Volvo Cars rose as much as 10% on Thursday as the company's second-quarter operating profit beat analyst expectations despite a sharp year-on-year decline. Volvo ...
Volvo Cars, which is widely considered as one of the most exposed European carmakers to U.S. tariffs, said the result reflects an ongoing challenging environment for the automotive industry.
The latest international Volvo Car AB news and views from Reuters - one of the world's largest news agencies ...
Volvo Cars will take a one-off non-cash impairment charge of $1.19 billion in the second quarter of 2025. (Credit Volvo) Volvo Cars is facing a massive challenge as the Swedish-based company ...
The first car on this new architecture is the all-new, born-electric Volvo EX60, a car for the company's important best-selling segment. It will deliver improved performance and lower product costs ...
Investing.com -- The chief executive of Volvo (OTC:VLVLY) Cars has called on the European Union to reduce its 10% tariff on American-made cars, stating that European automakers don’t need ...