Volvo Cars on track for transformation

Tony Verhelle

July 20, 2023

Volvo recorded good results for Q2 of this year and expects a further increase of its electric sales (EX30 pictured) and better margins because of lower material prices and production costs /Volvo

Volvo Cars reported a 39% increase in operating profits, excluding joint ventures and associates, and a corresponding EBIT margin of 6,3% fo
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