Volvo Cars Changes Gear in the United States for Tariff Tariffs

Swedish-based car manufacturer Volvo cars plans to touch in the United States for Washington’s trade tariffs tollu.

Thursday, Volvo cars owned by China Geely Holding declare Except for the comparisons, the operating profit in the second quarter was 2.9 billion in Swedish Kronus ($ 297.83 million), and in the same time last year.

In the second quarter, 93.5 billion conos fell 93.5 billion in the same period in 2024 compared to 101.5 billion conons in the same period.

Volvo cars, which are widespread in US tariffs as one of the most exposed European carmakers, said the result reflects a continuous difficult environment for the automotive industry. The company said that this was affected by a previously declared One-time cashless impairment charger 11.4 billion conos.

In the second quarter, earnings come shortly after Volvo cars has initiated Outside of South Carolina, the US car plant plans to add a hc60 sports utility vehicle to the production line of the US car plant.

The world’s global global global-based model is the production of the XC60, which is planned to start in the factory in late 2026.

At the same time, Volvo cars began to draw sedans and station wagons from the US portfolio, Reuters reported Thursday. 27.5% and 100% tariffs for US-made cars are coming, 100% of the EVS brought from China to consider product strategies.

Volvo Car General Director Håkan Samuelsson said that the company has been “definitely” in the US market, which has been in 70 years.

“We want to fill our factory in South Carolina, first of all, we must be a strategic active intended. Thus, we must use Samuelsson to CNBC”European Early Edition“On Thursday.

“The second is, of course, now it is very natural to bring a large sold with tariffs, a large sold.”