Volvo Feels the Pinch from Tariff Uncertainty
沃尔沃受贸易关税不确定性冲击，利润大幅下滑
Volvo Group’s Q1 2025 net profit fell to SEK 9.89bn (€910M), down from over SEK 14bn (€1.29bn) last year, driven by a 7% drop in sales amid global tariff uncertainties. Vehicle sales declined 9%, services 1%, and truck deliveries 12%, though order intake rose 13%, especially in Europe where Volvo Trucks hit a record 20%+ market share. Despite an 18% fall in deliveries, European orders grew 25%, partly due to increased defense spending. North American demand slumped over tariff and emissions law concerns. Volvo is adapting regional operations to manage these challenges.
沃尔沃集团2025年第一季度净利润降至98.9亿瑞典克朗（约9.1亿欧元），相比去年同期的140亿瑞典克朗（约12.9亿欧元）明显下滑，主要因全球关税不确定性导致销售额下跌7%。其中整车销量下降9%，服务收入下降1%，卡车交付量减少12%。不过，得益于欧洲市场强劲需求，订单量反而增长13%，沃尔沃重型卡车在欧洲的市场份额创下20%以上历史新高。尽管交付量下降18%，欧洲订单仍增长25%，部分因国防开支增加带动需求。北美市场则受新排放法规和关税影响，客户持观望态度，需求低迷。沃尔沃表示将调整区域供应链，以应对挑战。
