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Volvo Car Earnings Drop on Tougher US, China Competition
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Volvo Car Earnings Drop on Tougher US, China Competition

Bloomberg Markets · Apr 29, 2026, 5:31 AM · Also reported by 1 other source

Volvo Car AB’s earnings declined in the first quarter as the Sweden-based automaker grapples with waning electric-vehicle sales in the US and rising competition in China.

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CNBC Volkswagen posts 14% drop in first-quarter profit on tariff pressure, China competition

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