Volvo CEO urges EU to slash its tariffs on US vehicles
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Volvo Cars reported a sharp decline in second-quarter operating profit on Thursday that nonetheless exceeded analyst expectations, sending shares up, though the company continues to face headwinds from tariffs and softening demand.
Volvo Cars is the biggest newsmaker this week in regards to auto tariffs.
Volvo’s flagship SUV is getting a bit long in the tooth, so a new generation is in order, according to the company’s boss.
By Jesus Calero (Reuters) -Swedish truckmaker Volvo reported higher than expected quarterly earnings on Thursday, as signs of recovery in Europe helped it offset sluggish demand in North America. Truck orders in North America have fallen more than 40% in recent months compared to last year,
EX90 riddled with charging and infotainment gremlins. The Volvo EX90 debuted at the start of the year to much acclaim. It impressed with sharp looks, clever tech, and more perform
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The newly refreshed XC60 will be localized in the latter part of 2026, most likely hitting dealership lots for the 2027 model year
With European roots and a Chinese majority owner, Volvo Cars is one of the automakers most exposed to President Trump’s trade war. Its response under new Chief Executive Håkan Samuelsson came together this week: cut expectations;
The National Highway Traffic Safety Administration Thursday released a warning to owners of certain Volvo models, advising them of a possible brake failure. The agency urges owners of Volvo plug-in hybrid or battery electric vehicles of the model years 2020 to 2026 to immediately complete an over-the-air safety recall.
As the electrified market is still in full swing, Volvo rises to the top with the release of their compact SUV, the EX40. In 2025, Grasso’s Garage has recently tested the XC60 and XC90 in both
Swedish truckmaker Volvo reported a slightly better-than-expected second-quarter operating profit on Thursday, as service revenues helped it offset lower truck sales and weakness in North America.
To be fair, the XC90 does get a new face. The front grille is wider and flatter with a criss-cross pattern enmeshed with the logo. The headlamps are narrower, while still retaining the Thor’s hammer LED signature and the bumper is more clutter-free than before.