Thursday, 30 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Volvo Cars sales fall 12% in May
Economy

Volvo Cars sales fall 12% in May

Last updated: June 5, 2025 4:00 am
Share
Volvo Cars sales fall 12% in May
SHARE

Volvo Cars, a Sweden-based company majority-owned by China’s Geely, reported a decline in sales for the month of May. According to the company, they sold 59,822 cars, representing a 12% decrease compared to the same period last year. This downturn in sales was particularly evident in the electric car segment, with sales of fully electric cars dropping by 27% and accounting for 21% of total sales volume. Sales of electrified cars as a whole, including plug-in hybrids, also saw a decrease of 20%, making up 44% of total sales.

The company did not provide specific details on regional sales, but it is clear that Volvo Cars is facing challenges in the current market. In response to pressures from U.S. President Donald Trump’s new tariffs, Volvo Cars announced plans to cut 3,000 jobs, primarily in white-collar positions. This decision comes as the company grapples with high costs, a slowdown in electric vehicle demand, and trade uncertainty.

Despite these challenges, Volvo Cars remains optimistic about its future. In April, the company withdrew its earnings forecast for the next two years due to the impact of tariffs, but its shares have since seen a slight increase. As of 0710 GMT, Volvo Cars’ shares were up by 0.5%.

Overall, Volvo Cars continues to navigate a complex and ever-changing market landscape. With a focus on innovation and sustainability, the company remains committed to providing high-quality vehicles to its customers.

This article was reported by Louise Rasmussen and edited by Stine Jacobsen.

See also  Taylor Swift Goes ‘Folklore’ for Fall
TAGGED:carsFallSalesVolvo
Share This Article
Twitter Email Copy Link Print
Previous Article The smoke from Canada’s wildfires may be even more toxic than usual The smoke from Canada’s wildfires may be even more toxic than usual
Next Article Three sisters who vanished while visiting homeless dad were found with bags over their heads, wrists zip-tied Three sisters who vanished while visiting homeless dad were found with bags over their heads, wrists zip-tied
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

President Donald J. Trump Adjusts Imports of Automobiles and Automobile Parts into the United States – ]

ADDRESSING TRADE PRACTICES THAT ENDANGER U.S. NATIONAL SECURITY: In a move reminiscent of a dramatic…

March 26, 2025

10 Sophisticated Celebrity Styles To Inspire Your Next Event

Add a statement coat and fur hat for a touch of luxury. This look is…

November 30, 2024

Deion Sanders Tackles Men’s Health with Depends Partnership

Deion Sanders, the legendary former NFL and MLB star turned head football coach at the…

September 21, 2025

Conservatives Are Totally Freaking Out Over Zohran Mamdani

Conservatives expressed outrage as Zohran Mamdani claimed victory over former Gov. Andrew Cuomo in New…

June 25, 2025

5 Contract Negotiation Stories That Changed Teachers’ Lives

Teachers have long relied on the support of their associations and unions to secure important…

January 31, 2025

You Might Also Like

Are Sample Sales Good for Brands?
Lifestyle

Are Sample Sales Good for Brands?

October 30, 2025
Fed’s Standing Repo Facility hits record high as policy meeting outcome looms
Economy

Fed’s Standing Repo Facility hits record high as policy meeting outcome looms

October 30, 2025
BofA Raises PT on Embraer (ERJ) to  Following Investor Day
Economy

BofA Raises PT on Embraer (ERJ) to $70 Following Investor Day

October 30, 2025
What To Expect From Micron Technology’s Report
Economy

What To Expect From Micron Technology’s Report

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?