Overview
- Volvo reported December sales up 2% to 75,049 vehicles.
- Fully electric deliveries rose 28% year over year in December, with Europe up 33%, the U.S. up 43%, and China down 80%.
- Full-year 2025 volumes fell 7% to 710,042 vehicles after a challenging market.
- Electrified models grew 6% in December as plug-in hybrid sales declined, with Volvo highlighting stronger EX90 and EX30 deliveries.
- The company cut about 3,000 jobs, slowed investments, and shifted some hybrid production to the U.S., citing tariffs, fierce competition, and an EV market slowdown; shares were down about 2% intraday but up roughly 35% over 12 months.