Volvo Cars CEO offers bleak assessment of year ahead for motor industry
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Euronews.com
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Jim Rowan, CEO of Volvo Cars, discussed the challenges facing the automotive industry in 2025, including supply chain disruptions and declining EV sales. Despite these challenges, Volvo achieved strong performance in 2024, with record profits and a significant increase in electrified sales. Rowan emphasized the importance of EU regulations and the need for the industry to focus on electrification to reduce carbon footprints. Volvo plans to launch five new models in 2025 and is ramping up production of the EX30. Teljes cikk (Euronews.com)