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Markets

Volvo Cars Q2 operating profit falls as tariffs bite

Published July 17, 2025 Updated July 17, 2025 11:10am
Photo: Reuters
Photo: Reuters
By

STOCKHOLM: Sweden-based Volvo Cars reported a steep fall in second-quarter adjusted operating profit on Thursday and said demand remain under pressure as tariffs hits.

Its quarterly operating profit excluding items affecting comparability fell to 2.9 billion Swedish crowns ($297.89 million) from 8.0 billion a year ago.

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