Q2 saw a sharp sales decline in China and a modest 1.1% EBIT margin, but electrified vehicle sales reached 52% of total volume. Cost savings exceeded SEK 8 billion, and a recovery is expected in H2, led by Europe and new BEV launches.Based on Volvo Car AB Class B [VOLCAR_B] Q2 2026 Audio Transcript…
Q2 saw a sharp sales decline in China and a modest 1.1% EBIT margin, but electrified vehicle sales reached 52% of total volume. Cost savings exceeded SEK 8 billion, and a recovery is expected in H2, led by Europe and new BEV launches.
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