Volvo Cars Q1 results 2025 Archives

Volvo Cars Q1 results 2025

Volvo Cars reports profit drops in Q1 2025 as US EV subsidy removal and tariffs hit sales

Volvo Cars Profit Drops 16% in Q1 as US EV Subsidy Hits Sales

Focus Pakistan2026-05-01

GOTHENBURG: According to reports by Volvo Cars, there has been a drop in profits of 16% compared to last year. Operating income stood at about 1.6 billion Swedish crowns, which is about $172.6 million. This drop in performance came amid several reasons, including US tariffs, lower demand, and the unexpected end of electric vehicles subsidies ... Read more

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