Volvo Car AB has published its Annual and Sustainability Report 2025, outlining business and financial developments during 2025 and providing an outlook for 2026. The report notes that retail sales declined versus the prior year and that revenue decreased, primarily due to lower wholesale volumes and an unfavourable sales mix and pricing. Operating income fell significantly, influenced by items affecting comparability including an impairment charge and restructuring costs, while the company also reported actions to improve resilience and profitability. The report highlights a cost and cash action plan launched during the year, including a global redundancy programme, and continued investments to expand US manufacturing plans. Volvo Cars also details progress in its electrification strategy, including production start of the fully electric ES90 and the launch of the XC70 long-range plug-in hybrid, and states an ambition to return to volume growth and improve cash generation in 2026. The full report can be accessed through the link below.

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