Volvo stabilises further in Q4, forecasts uncertain 2026 | Automotive World
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Volume decline eased off further in Q4 2025, somewhat stabilising Volvo Group’s finances, but it remains difficult to forecast 2026. By Will Girling
Volvo Group saw its revenue dip almost 11% year-on-year in Q4 2025, to SEK 123.8bn (US$14bn). Unit deliveries of 56,683 represented a 3.4% decline from the same quarter in 2024, though H2 recovery in European volumes—driven by the popularity of Volvo and Renault Trucks—salvaged a general downturn in demand throughout the world.
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