Volvo blames US tariffs, exchange rates for 2025 profit slump
Yahoo Finance·2026-02-09 18:00
This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Volvo Cars saw its profits plummet in 2025, according to its earnings report, and the automaker blamed the results partly on the combined impacts of U.S. tariffs and negative effects from a strengthening Swedish krona. The company’s Feb. 5 presentation of full-year financial results showed group earnings before interest and taxes fall to 0.3 billion kronor ($33.3 millio ...