06
Feb
Feb
Volvo Cars Reports Strong 2024 Profit Growth Amid Tariff Concerns and Potential Relocation Plans
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Writer / 7 months
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- 1 min read
Volvo Cars has announced a significant increase in its 2024 profits, driven by strong sales and operational efficiency. However, the Swedish automaker is considering relocating some of its manufacturing operations due to rising tariffs and geopolitical tensions. The company reported a 15% year-on-year increase in net profit, attributing the growth to robust demand for its […]