News

Volvo CEO wants EU to cut 'unnecessary' auto tariffs to defuse Trump threat
The chief executive of Volvo Cars urged the European Union to cut its 10% tariff on American-made cars, arguing that European ...
Why Volvo Cars Wants to Be More American
With European roots and a Chinese majority owner, Volvo Cars is one of the automakers most exposed to President Trump’s trade ...
CBT News3h
Volvo shares surge despite weak Q2 results, U.S. strategy reassures dealers
Shares of Volvo Cars jumped as much as 10% on Thursday after the Sweden-based automaker beat analysts’ expectations.
Volvo Cars reports cash flow increase despite first operating loss since 2021
Volvo Cars has reported its first operating loss since its 2021 stock market listing in Stockholm as higher US tariffs and restructuring costs hurt its profitability.
Volvo Car Swings to Net Loss on Hit From Restructuring and Impairments Charges
The company faced 1.4 billion kronor in restructuring charges and 11.4 billion kronor in impairments, but said its turnaround ...
Charleston Business2h
Volvo to build its most popular car in Ridgeville
Volvo will begin producing its top-selling XC60 SUV at its Ridgeville plant by late 2026, expanding U.S. manufacturing and ...
Volvo Cars to book $1.2bn charge on tariffs and launch delays
Volvo Cars will book a one-off charge of SKr11.4bn ($1.2bn) as the Swedish group forecast smaller profits from two critical ...
Volvo's SC car plant to roll out another model: It's already a best-seller.
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 to start mid-size SUV production at US plant next year
Sweden's Volvo Cars said on Wednesday it would start producing its XC60 mid-size SUV in its plant in South Carolina, United ...