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Geely-owned Volvo Cars has reported a significant loss for the second quarter (Q2) of 2025, with a group operating profit ...
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Volvo Warns XC90 Owners: Your Brakes Might Not Work RightVolvo faced two major setbacks on April 15 and 16. The National Highway Traffic Safety Administration (NHTSA) has issued a ...
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 ...
Tariffs are impacting the brand-new ES90 and Volvo said the high fees prevent them from profitably selling the car in the ...
Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its ...
Due to import tariffs the company is currently unable to sell the Volvo ES90 profitably in the United States,” the company ...
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Free Malaysia Today on MSNVolvo takes US$1.2bil hit from US tariffs, product delaysFacing 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 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 plans to start U.S. production of its XC60 SUV from late 2026 in South Carolina. The model's U.S. sales rose 23% ...
Volvo makes cars in several plants around the world, including in South Carolina, as well as in Sweden and in China.
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