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 ...

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 ...

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

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 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% ...

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

Volvo Cars plans to start producing the XC60 SUV in South Carolina by late 2026 to mitigate impacts from U.S. auto tariffs. This move reflects the rising demand for the model in the U.S., while the ...