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Trump came to the agreement during a phone call with Ursula von der Leyen, the president of the European Commission.
Even relocating production from China to Belgium won't save the EX30. New tariffs make it impossible to offer at the price Volvo originally floated.
Digital dials have become the norm, with only luxury cars like the Bugatti Tourbillon using an analogue speedo ...
CEO Hakan Samuelsson also said consumers, not Volvo, would have to absorb the cost of tariff-related price increases ...
STOCKHOLM/DETROIT >> Volvo Cars CEO Hakan Samuelsson said on Friday that its customers would have to pay a large part of ...
Volvo's Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases.
President Donald Trump reignited trade tensions with his social media posts before the Memorial Day holiday aimed at the European Union and Apple.
President Donald Trump threatened on Friday to ratchet up his trade war once again, pushing for a 50% tariff on European ...
"The European Union... has been very difficult to deal with," Trump said, adding: "Our discussions with them are going ...
Volvo ( OTCPK:VOLAF) ( OTCPK:VLVLY) ( OTCPK:VOLVF) will pass along most of the cost of tariffs onto consumers, ultimately ...
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