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Volvo Group cuts North America forecast by 10K trucks
Yahoo Finance· 2025-10-29 19:42
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: Volvo Group has lowered its 2025 sales outlook in North America to 265,000 trucks — a reduction of 10,000 units — citing new tariffs and weak demand, according to its Q3 earnings this month. President and CEO Martin Lundstedt said the company’s customers are in “wait-and-see mode” due to the high level of uncertainty brought on by current market co ...