Volvo braces for turbulent 2025 after Q4 profit falls

Volvo EX30 on charger 2023 — Volvo has to pay higher EU tariffs on China-made EX30 sold in Europe. In response, Volvo will add production of the EX30 in Belgium this year.

February 06, 2025 10:41 AM

STOCKHOLM — Volvo Cars reported a decline in fourth-quarter operating profit and predicted a turbulent 2025 with challenging market conditions.

Featured Stories

Trump to announce new tariffs as industry preps for auto levies

Trump to announce new tariffs as industry preps for auto levies

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

Trump tells Cabinet, others that Elon Musk will leave soon, report from Politico says

Trump tells Cabinet, others that Elon Musk will leave soon, report from Politico says

Amazon’s used-vehicle interest could threaten listings companies

Amazon’s used-vehicle interest could threaten listings companies

Latest News

Geely sales gather speed behind EV demand

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

Guest commentary: Doing away with ‘We’ve always done it this way’

Live updates on tariffs: Trump to announce plan Wednesday afternoon

Staying current is easy with newsletters delivered straight to your inbox.

See More in Volvo

Volvo CEO Hakan Samuelsson’s three-point plan focuses on EVs, Geely synergies

Volvo sales fall 10% in March as EV demand dives

Volvo goes back to car industry basics with surprise CEO switch

Volvo brings back Hakan Samuelsson as CEO as Jim Rowan steps down

Staying current is easy with newsletters delivered straight to your inbox.