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

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

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

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

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

Volvo faced two major setbacks on April 15 and 16. The National Highway Traffic Safety Administration (NHTSA) has issued a ...

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

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

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

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 Cars said it has scaled back its U.S. model lineup this year, among the first examples of a major automaker halting U.S ...