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

The idea of a high-end Volvo is not a new one; for decades, the company has offered a low-key luxury alternative to the ...

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

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

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

Volvo makes cars in several plants around the world, including in South Carolina, as well as in Sweden and in China.

STOCKHOLM ― Sweden-based Volvo Cars is booking an impairment charge of 11.4 billion crowns ($1.2 billion) in the second quarter related to its ES90 and upcoming EX90 models, due to tariffs and launch ...

The effects of the US administration’s current trade war policies on the world’s automakers are yet to make themselves fully ...

STOCKHOLM (Reuters) -Sweden-based Volvo Cars will book a one-off, non-cash impairment charge of 11.4 billion Swedish crowns ...

Volvo Cars will book a one-off charge of SKr11.4bn ($1.2bn) as the Swedish group forecast smaller profits from two critical ...

Launch delays and tariff issues associated with its all-electric ES90 sedan and EX90 SUV will result in a $1.2B impairment ...

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