Sweden's Volvo Cars switches gears in the U.S. as tariffs bite

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Sweden's Volvo Cars switches gears in the U.S. as tariffs bite

cnbc.com/2025/07/17/autos-volvo-cars-switches-gears-in-the-us-as-trumps-tariffs-bite.html

Sweden-based automaker Volvo Cars plans to change tack in the U.S. as Washington's trade tariffs take their toll.
Volvo Cars, which is owned by China's Geely Holding, on Thursday reported that second-quarter operating profit excluding items affecting comparability fell to 2.9 billion…

This story appeared on cnbc.com, 2025-07-17 06:57:08.