The Swedish automaker is trimming its earnings margin goal for 2026 due to 'increased complexity especially in relation to global trade and tariffs.'
Swedish automaker Volvo Cars on Thursday trimmed its 2026 margin target and adjusted its revenue goals amid complexity in "global trade and tariffs."
The Swedish automaker, which is majority-owned by China's Geely Holding, said it is now targeting a 2026 EBIT margin goal of 7-8%, down from "above 8%," due to "increased complexity especially in relation to global trade and tariffs." Ever-shifting international trade disputes and tariffs have become a major headache for automakers as they navigate geopolitics between the, China and the U.S., while also seeking a competitive edge in a market dominated by the EV transition.
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