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

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

STOCKHOLM (Reuters) -Sweden-based Volvo Cars is booking a impairment charge of 11.4 billion crowns ($1.2 billion) in the ...

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

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

The Volvo ES90 is built with 29% recycled aluminium, 18% recycled steel, as well as 16 per cent recycled polymers and ...

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

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

Swedish auto giant Volvo has warned that it will take a $1.2bn impairment in its second-quarter results due to trade tariffs ...

The dour mood for European markets comes after U.S. President Donald Trump announced at the weekend that he would impose a 30 ...

Volvo’s electric transformation continues with the 2026 Volvo ES90, an all-new EV that blends traditional sedan styling with hatchback practicality. While it replaces the gas-powered S90 in some ...

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