Just Auto
Volvo Cars reports lower Q1 revenue and EBIT in “volatile world”
Executive Summary
Summary: Volvo Cars reported lower Q1 2026 revenue and EBIT amid challenging market conditions, with revenue falling 12% to Skr72.6bn. However, electric vehicle sales surged 12%, reaching 24% of total sales, whilst the company launched its fully electric EX60 model with strong order momentum.
Brands mentioned: Volvo, Geely
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Volvo Cars reports lower Q1 revenue and EBIT in “volatile world”
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