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

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

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

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.

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

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

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 ...

Volvo will effectively be another SUV-only brand in the U.S.

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 ...

Volvo Cars is adjusting the financial assumptions for the EX90 and ES90 platform, due to previous launch delays and new import tariffs in several markets. The Volvo EX90 will have a reduced lifecycle ...