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Volvo drops guidance as the Chinese car market weakens
The slowdown in China is hitting the auto sector, prompting Volvo Car to withdraw its full-year outlook amid growing uncertainty.
4 October 2026 1 min read 2 views
Volvo Car has decided not to reaffirm its full-year outlook after conditions in the Chinese auto market deteriorated. The Swedish automaker, which relies partly on demand in Asia, now sees a tougher backdrop for sales and profitability.
For Europe’s car industry, it is another warning sign: China remains a crucial market, but growth is slowing and local rivals are becoming more aggressive. Even premium brands, usually better shielded, are feeling the pressure.
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