“The second quarter concludes a turbulent first half of 2026. The Chinese market contracted both for us and the entire industry, and global uncertainty increased due to the conflict in the Middle East,” said the company’s CEO Håkan Samuelsson.
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From April to June, compared to the same period last year, Volvo Cars’ revenue decreased from 93.5 billion SEK to 77.7 billion SEK (8.05 billion USD).
