At the same time, the existing credit rating of BB-plus is confirmed.
The Volvo Cars share, which has dropped almost a quarter of its value in the customs chaos during the year, rises slightly – up by 0.5 percent – despite the message from S&P Global about the negative prospects.
S&P Global writes in a statement that Volvo Cars is facing "many challenges during the coming two years", which can threaten the company's recovery. They specifically point to the Trump administration's tariffs, potential effects of what may become new tax rules regarding electric cars and the risk of introducing restrictions for cars manufactured by companies controlled by Chinese owners.
Increased competition on the Chinese market is another factor affecting the growth prospects for Volvo Cars 2025-2027, according to S&P Global.
