{"id":166234,"date":"2025-04-30T09:15:28","date_gmt":"2025-04-30T07:15:28","guid":{"rendered":"https:\/\/newmobility.news\/?p=166234"},"modified":"2025-04-30T10:37:56","modified_gmt":"2025-04-30T08:37:56","slug":"volvo-cars-to-cut-investments-and-revise-forecasts","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2025\/04\/30\/volvo-cars-to-cut-investments-and-revise-forecasts\/","title":{"rendered":"Volvo Cars to cut investments and revise forecasts and strategy (update)"},"content":{"rendered":"<p>Volvo Cars reports a group operating income (EBIT) of SEK 1.9 billion (\u20ac173 million) for the first quarter of 2025, following a drop in wholesales (-6%) and adverse currency effects. The result also reflects the current turbulence in the world and a challenging external environment for the automotive industry.<\/p><p>To protect profitability, drive structural efficiencies on direct and indirect costs, and help offset external headwinds, the company has launched an accelerated cost and cash action plan totalling SEK 18 billion (\u20ac1.64 billion). The majority of the effects from this plan will be realized in 2026. Regarding the Ghent plant, the managers assure that all projects are on course and that the new people necessary to build the EX30 are getting hired.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Volvo Cars reports a group operating income (EBIT) of SEK 1.9 billion (\u20ac173 million) for the first quarter of 2025, following a drop in wholesales (-6%) and adverse currency effects. The result also reflects the current turbulence in the world and a challenging external environment for the automotive industry.To protect profitability, drive structural efficiencies on [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":166254,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[77160,16,8,4,77165],"tags":[],"class_list":["post-166234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","category-industry","category-product","category-top-stories-today","category-usa"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=1358%2C796&ssl=1",1358,796,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=300%2C176&ssl=1",300,176,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=640%2C375&ssl=1",640,375,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=640%2C375&ssl=1",640,375,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=1358%2C796&ssl=1",1358,796,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=1358%2C796&ssl=1",1358,796,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=18%2C12&ssl=1",18,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=560%2C328&ssl=1",560,328,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=1358%2C240&ssl=1",1358,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=1358%2C180&ssl=1",1358,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=1358%2C180&ssl=1",1358,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?resize=1358%2C180&ssl=1",1358,180,true]},"post_excerpt_stackable_v2":"<p>Volvo Cars reports a group operating income (EBIT) of SEK 1.9 billion (\u20ac173 million) for the first quarter of 2025, following a drop in wholesales (-6%) and adverse currency effects. The result also reflects the current turbulence in the world and a challenging external environment for the automotive industry.To protect profitability, drive structural efficiencies on direct and indirect costs, and help offset external headwinds, the company has launched an accelerated cost and cash action plan totalling SEK 18 billion (\u20ac1.64 billion). The majority of the effects from this plan will be realized in 2026. Regarding the Ghent plant, the managers&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/china\/\" rel=\"category tag\">China<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/product\/\" rel=\"category tag\">Product<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/usa\/\" rel=\"category tag\">USA<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Volvo Cars to cut investments and revise forecasts and strategy (update) - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2025\/04\/30\/volvo-cars-to-cut-investments-and-revise-forecasts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volvo Cars to cut investments and revise forecasts and strategy (update) - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Volvo Cars reports a group operating income (EBIT) of SEK 1.9 billion (\u20ac173 million) for the first quarter of 2025, following a drop in wholesales (-6%) and adverse currency effects. The result also reflects the current turbulence in the world and a challenging external environment for the automotive industry.To protect profitability, drive structural efficiencies on [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2025\/04\/30\/volvo-cars-to-cut-investments-and-revise-forecasts\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-30T07:15:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-30T08:37:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2025\/04\/Scherm\u00adafbeelding-2025-04-29-om-11.35.36.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1358\" \/>\n\t<meta property=\"og:image:height\" content=\"796\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tony Verhelle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony Verhelle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/04\\\/30\\\/volvo-cars-to-cut-investments-and-revise-forecasts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/04\\\/30\\\/volvo-cars-to-cut-investments-and-revise-forecasts\\\/\"},\"author\":{\"name\":\"Tony Verhelle\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/9ed42cfc4d62d98488c1d6e225040557\"},\"headline\":\"Volvo Cars to cut investments and revise forecasts and strategy (update)\",\"datePublished\":\"2025-04-30T07:15:28+00:00\",\"dateModified\":\"2025-04-30T08:37:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/04\\\/30\\\/volvo-cars-to-cut-investments-and-revise-forecasts\\\/\"},\"wordCount\":713,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/04\\\/30\\\/volvo-cars-to-cut-investments-and-revise-forecasts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Scherm%C2%ADafbeelding-2025-04-29-om-11.35.36.png?fit=1358%2C796&ssl=1\",\"articleSection\":[\"China\",\"Industry\",\"Product\",\"Top Stories Today\",\"USA\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/04\\\/30\\\/volvo-cars-to-cut-investments-and-revise-forecasts\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/04\\\/30\\\/volvo-cars-to-cut-investments-and-revise-forecasts\\\/\",\"name\":\"Volvo Cars to cut investments and revise forecasts and strategy (update) - 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