As geopolitics, war in the Middle East, tariffs, and consumer uncertainty cast a long shadow across the auto industry, it seems no manufacturer is spared, even the Scandinavians with more modest aspirations. While Volvo delivered 153,516 light vehicles to customers globally in the first three months of 2026 (down 11% from Q1 2025), the outlook was much worse in the Americas (Q1 sales of 29,651, down 28%) and in greater China (down 17% to 28,330 units).
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