Volvos of the type EX60 roll down the assembly line at the company's factory in Gothenburg, Sweden. (Archive photo) Photo: Marie Mannes/Reuters
China collapse hits Volvo hard on the stock market
On Friday, car manufacturer Volvo Cars’ stock dropped by nearly ten percent following its half-year report. The company suffered a sales collapse in China, where second-quarter sales fell 37 percent to 23,600 cars compared to the same period in 2025.
CEO Håkan Samuelsson cited a turbulent...
Get full access to Danish News in English
Gain exclusive access to daily news updates in English pertaining to Denmark with a Ritzau News subscription.
Already a subscriber?