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Volvo Cars 2Q25 Operating Loss SEK10B
2025-07-17 14:15:22
Volvo Cars, a subsidiary of the parent company of GEELY AUTO (00175.HK), posted an operating loss of SEK10 billion (approx. USD1.03 billion) in 2Q25, impacted by impairment losses from auto model delays and increased tariff costs. Revenue fell by 7.9% to SEK93.5 billion.
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