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Swedish car company Volvo Cars announced on Friday that its second-quarter profit declined compared to the first quarter; the car company is hoping to deliver the new all-electric model EX60 in the future to speed up the pace of performance recovery. Volvo Cars is controlled by China's Geely Holding Group. The company disclosed operating profit of SEK 800 million from April to June, lower than SEK 1.6 billion recorded in the first quarter of this year.

Zhitongcaijing·07/17/2026 05:09:04
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Swedish car company Volvo Cars announced on Friday that its second-quarter profit declined compared to the first quarter; the car company is hoping to deliver the new all-electric model EX60 in the future to speed up the pace of performance recovery. Volvo Cars is controlled by China's Geely Holding Group. The company disclosed operating profit of SEK 800 million from April to June, lower than SEK 1.6 billion recorded in the first quarter of this year.