Volvo's ES90 Caught in US-China Trade Tensions: What's Next?
Volvo Cars' new model ES90 is manufactured in Chinese Chengdu. This means that the model is now caught in the middle of the trade war between the USA and China.
BusinessVolvo Cars' new model ES90 is manufactured in Chinese Chengdu. This means that the model is now caught in the middle of the trade war between the USA and China.
BusinessA record year that ended weakly. Now Volvo Cars is bracing for continued challenges on the car market in 2025 – and the stock plummeted on the stock exchange. It will be an intermediate year, says the company's finance chief Johan Ekdahl to TT in connection with the company's quarterly report.
CarsThe electric car market is facing headwinds and Volvo Cars is lowering its sales forecast for the second time this year. But the electric car is still the future, believes CFO Johan Ekdahl. Over time, there is no doubt that electric cars will drive growth in the car industry, he says in connection with the company's quarterly report.
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