Volvo Cars expects a stronger second half of 2026 despite reporting weak second-quarter results driven by a sharp slowdown in China and rising production costs. The Swedish automaker posted an operating profit of $82.8 million for the April–June period, but its shares fell around 8% after the results were announced. Sales in China, the world’s […]
Tesla’s vehicle registrations fell sharply in several major European markets in December, underscoring a difficult year for the U.S. electric carmaker across much of the region. Sales dropped 66% in France and 71% in Sweden during the month, while declines were also recorded in Portugal and Spain. The weak performance reflects intensifying competition, an aging […]

