Overall vehicle sales slipped 0.2% in Europe in December, but rose 0.8% in the U.S. and 1.2% in China, with the XC60 SUV its top-selling model in the year.
Sweden-based Volvo Cars sold 75,049 cars in December, up 2% from a year earlier, it said on Wednesday.
Global sales fell 10% on year in November but the company said it was encouraged by its electric-car sales growth and by accelerated deliveries of its long-range plug-in hybrid in China.
Volvo Car AB (publ.) (OTCPK:VLVCY) Discusses Strategic Direction, Product Strategy, and Pathway to Higher Profitability November 6, 2025 3:00 AM EST Company Participants Hakan Samuelsson - CEO, President & Director Erik Severinson - Chief Commercial Officer Michael Fleiss - Chief Strategy and Product Officer Francesca Gamboni - Chief Industrial Operations Officer Anders Bell - Chief Engineering & Technology Officer Fredrik Hansson - Chief Financial Officer Erik Kronqvist - Acting Head of Investor Relations Conference Call Participants Hampus Engellau - Handelsbanken Capital Markets AB, Research Division Mattias Holmberg - DNB Carnegie, Research Division Erik Pettersson-Golrang - SEB, Research Division Agnieszka Vilela - Nordea Markets, Research Division Samuel Perry - BNP Paribas, Research Division Nikita Papaccio - Deutsche Bank AG, Research Division Presentation Unknown Executive Hello, everyone.
Volvo Cars said on Thursday that it was targeting a long-term operating profit margin of over 8% as part of a strategy overhaul.
Self-driving truck startup Waabi shared Tuesday at TechCrunch Disrupt the launch of a new autonomous truck made in partnership with Volvo, the Volvo VNL Autonomous truck.
Sweden's Volvo Cars on Thursday posted stronger-than-expected third-quarter operating profit, prompting shares to rally by more than 40%.
The results mark Volvo's return to profitability after hefty restructuring and impairment charges dragged it into a net loss for the second quarter.
The company said the North American long-haul freight market remained in recession with lower volumes and prices, while cautious customers face uncertainty on tariff and emissions rules.
Volvo Cars sold 48,029 cars in August, down 9% from a year earlier, the Sweden-based company said on Thursday.
A longtime Volvo fan's terrifying ordeal prompted warnings from regulators and heightened scrutiny of software patches for electric vehicles and plug-in hybrids.
Volvo CEO Hakan Samuelsson urged the European Union to slash its auto tariffs on the US — an apparent bid to sway President Trump to lower his own hefty duties on foreign vehicles.