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

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

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

The Volvo XC90 will remain a part of the Swedish brand’s line-up, according to its CEO, with plug-in hybrid power likely on the cards. In a second quarter report to investors, Volvo President & CEO ...

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

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

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

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 ...

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 ...

As noted by Reuters, Volvo is particularly exposed to the tariffs. While it does build some models at a plant in South Carolina, including the EX90, most of its vehicles are produced either in China ...