12:15 - 2.10.2026

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October 2, Fineko/abc.az. Swedish automaker Volvo Cars has warned investors of weaker sales volumes and profit margins amid slowing global demand for electric vehicles and challenging automotive market conditions.

The company stated that persistent macroeconomic uncertainties, elevated interest rates, and fierce competitive pressures across key markets are weighing heavily on profitability and free cash flow generation. Industry analysts note that Volvo’s warning highlights broader headwinds facing the European automotive sector and the ongoing hurdles in the transition to electric mobility.