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

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

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.

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

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 ...

The Volvo XC90 will remain a part of the Swedish brand’s line-up, according to its CEO, with plug-in hybrid power likely on ...

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% ...

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 ...

Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its ...

STOCKHOLM] Volvo Car is taking a one-time non-cash impairment charge of 11.4 billion Swedish kronor (S$1.51 billion) in the ...

Volvo Cars said electric vehicles launch delays and rising costs due to tariffs is behind its decision to take a 11.4 billion Swedish kronor ($1.2 billion) impairment charge, the automaker said in a ...