Volvo braces for challenges in 2023 after quarterly profit falls

Volvo EX90 8.jpg — Volvo will start production of the EX90 flagship EV later this year.

By:

Staff and wire reports

February 09, 2023 07:15 AM

STOCKHOLM, Sweden -- Volvo Cars said on Thursday that 2023 is likely to be another challenging year despite strong demand for its vehicles as the Swedish automaker reported a fall in quarterly profit.

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