Volvo is in a world of hurt right now due to the Trump administration’s tariffs on cars and car parts. The US is the automaker’s second-largest market after China, and the vast majority of Volvo’s lineup is built in either China or Europe – two regions hit hardest by the tariffs. The impact is already being felt, with Volvo reporting a second-quarter operating profit of $300 million, down sharply from the $830 million recorded during the same period a year ago.
…
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We 5guruayurveda.com want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on. For any glitch kindly connect at 5guruayurveda.com
