US EditionVolvo Profit Tumbles 68% on Weak Demand
13 Articles
13 Articles
Volvo profit tumbles 68% on weak demand
Sweden-based Volvo Cars on Thursday reported a 68% dive in fourth-quarter profit as it adjusted prices in response to weak demand, putting its shares on track for their biggest daily fall on record. Volvo Cars, the first European carmaker to report fourth-quarter results, forecast year-on-year volume growth in 2026 but braced for what it termed a "persistently tough external environment". Operating profit before one-off items at the group majori…
The Gothenburg-based car manufacturer Volvo Cars reports an operating profit of SEK 1.9 billion for the fourth quarter of 2025. This was worse than expected.
The Gothenburg-based car manufacturer Volvo Cars is plummeting on the stock market after an unexpectedly weak financial statement for 2025. In the initial trading after the report, the stock is down almost 17 percent.
The new EX60 model has had a good start, but Volvo Cars' results for the rest of the year were a shock to the market.
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