Volvo’s losses deepen, more cuts are coming

Piet Andries

February 6, 2026

Fixing the EX90 costed Volvo 1 bilion euro last year /Volvo

Volvo Cars has reported one of the most bruising financial years in its modern history. The company has suffered a collapse in earnings, a stinging share price crash, and mounting doubts about its electric future. Navigating a worsening global auto market has been particularly difficult, accordin

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