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Just Auto on MSNVolvo Cars takes $1.2bn hit due to launch delays, new tariffsIn March 2025, Volvo Cars revealed the ES90 electric sedan, which combines fastback and SUV elements with 800V technology, ...
STOCKHOLM (Reuters) -Sweden-based Volvo Cars will book a one-off, non-cash impairment charge of 11.4 billion Swedish crowns ($1.19 billion) in the second quarter, it said on Monday.
The company faced 1.4 billion kronor in restructuring charges and 11.4 billion kronor in impairments, but said its turnaround ...
Volvo Cars is facing a massive challenge as the Swedish-based company announced that it will take a one-off non-cash impairment charge of $1.19 billion in the second quarter of 2025. The auto ...
Volvo latest to warn car prices will rise due to Trump’s tariffs on imports By Reuters Published May 23, 2025, 12:52 p.m. ET ...
Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a ...
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