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Volvo posts 30% profit decline as US tariff concerns weigh on market
Swedish truck manufacturer Volvo Group reported a sharp 30 percent drop in first-quarter net profit on Wednesday, as weakening global demand and rising trade tensions—particularly involving the United States—put pressure on sales and production. The company attributed the decline primarily to a 9 percent decrease in vehicle sales and heightened uncertainty surrounding international trade policies. […]
aomenyepdnlimited-com- 23rd April 2025
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