Volvo Cars Warns of Weaker Sales, Cash Flow
11 Articles
11 Articles
Volvo Car Scraps Outlook as China, US Weakness Curb Earnings
Volvo Cars, the carmaker, is scrapping its forecast for full-year 2026.Stiff headwinds in China, but also unexpectedly weak performance in the US, are singled out as main reasons. And action is planned, according to Volvo Cars.
Car manufacturer Volvo Cars scraps its forecast for the full year 2026. Strong headwinds in sales in China, but also unexpectedly weak development in the US, are pointed out as the main reasons. And measures are planned, according to Volvo Cars.
GÖTEBORG (ANP) - Volvo Cars is suffering from a weak car market in China and the United States. The Swedish car manufacturer struggled with a decline in sales in the third quarter and is now withdrawing its full-year expectations. Volvo speaks of deteriorating market conditions in China....
The Stockholm Stock Exchange is recovering from yesterday's declines and is rising slightly in opening trade. Volvo Cars is falling after a profit warning for the third quarter.
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