GOTHENBURG, Sweden, June 17, 2026 /PRNewswire/ -- The previously announced agreement between Volvo Group, Renault Group and CMA-CGM to make a strategic change to the business model of Flexis has received the needed regulatory approvals. The agreement is hence closed.
At the same time, it cautioned that cost inflation is trending upwards, with the CFO saying the company was starting to see an impact on raw material costs from the Middle East conflict.
Truckmaker Volvo Group said on Wednesday customer demand and deliveries in Europe are stable at good levels across the business in the second quarter while in North America, demand remains strong with production gradually increasing.
GOTHENBURG, Sweden, June 10, 2026 /PRNewswire/ -- At the Volvo Group's Capital Markets Day at Volvo Construction Equipment's Customer Center in Eskilstuna, Sweden on June 10, 2026, President and CEO Martin Lundstedt, together with Group Management, presents the strategy aimed at strengthening earnings resilience, accelerating growth and driving total shareholder return. "In a world shaped by ge...
AB Volvo (publ) remains fundamentally strong but faces macro, regulatory, and electrification headwinds that constrain upside. 1Q26 results showed resilient operations, yet tariffs, regulatory fines, and a 10% sales drop highlight ongoing challenges. EV ambitions are unlikely to meet targets; only 3% of sales are EVs versus a 35% 2030 goal, straining capital allocation.
The company has been in talks with U.S. regulators following a President Biden-era ruling aimed at blocking the import and sale of vehicles connected to China.
Volvo Cars reached an agreement with the Trump administration that exempts the automaker from a U.S. crackdown on Chinese-connected vehicle technology.
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