Cailian News reported on October 23 that Volvo Cars' adjusted gross margin for the third quarter was 14.7%, compared to 20.4% in the same period last year; the adjusted earnings before interest and taxes (EBIT) margin was -5.6%, whereas it was 6.7% last year. The CEO of Volvo Cars stated that the company needs to return to the Chinese market with domestically produced vehicles.
2026-10-23 13:23:30
According to CoinMeta, reported by Cailian News on October 23rd, Volvo Cars' adjusted gross margin for the third quarter was 14.7%, compared to 20.4% in the same period last year; the adjusted earnings before interest and taxes (EBIT) margin was -5.6%, whereas it was 6.7% last year. The CEO of Volvo Cars stated that the company needs to return to the Chinese market with domestically produced vehicles.
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