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CEO Hakan Samuelsson also said consumers, not Volvo, would have to absorb the cost of tariff-related price increases ...
Trump came to the agreement during a phone call with Ursula von der Leyen, the president of the European Commission.
Volvo's Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases.
Volvo Cars’ CEO Håkan Samuelsson has issued a stark warning about the ramifications of proposed U.S. tariffs on European ...
STOCKHOLM/DETROIT >> Volvo Cars CEO Hakan Samuelsson said on Friday that its customers would have to pay a large part of ...
Most of Volvo Cars’ vehicles for the US market, which last year accounted for 16% of group sales, are imported from Europe. The company aims to increase production at its Charleston, SC, factory in ...
Even relocating production from China to Belgium won't save the EX30. New tariffs make it impossible to offer at the price Volvo originally floated.
U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European ...
The brand's popular compact luxury SUV is probably going to be built in America.
President Donald Trump threatens a 50% tariff on EU goods, sparking reactions from industry leaders who urge for negotiation ...
STOCKHOLM/DETROIT (Reuters) -Volvo Cars CEO Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases, and that it could become impossible ...