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Euronews
Euronews
Doloresz Katanich

THE TRUTH ABOUT: Volvo group posts lower sales and declining profits as tariff uncertainty hits - The Untold Story

The Volvo Group said on Wednesday that its net profit fell to SEK 9.89bn (€910 million) in the first three months of 2025, from a little more than SEK 14bn (€1.29bn) in the previous year. 

The drop was driven by a 7% decline in the group’s net sales, amounting to SEK 121.8bn (€11.15bn) in the same period. 

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