International Companies

Volvo reports $1.2bn hit from tariffs, launch delays

By Benjamin Chiou

Date: Tuesday 15 Jul 2025

(Sharecast News) - Swedish auto giant Volvo has warned that it will take a $1.2bn impairment in its second-quarter results due to trade tariffs and delays to the launch of two electric models in the US.
The company, which is scheduled to publish its second-quarter numbers on Thursday, said it will...

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