Volvo Car AB (publ) (VOLCAR_B) Posts Q3 EBIT SEK -3.7B, Plans SEK 5B Cost Cuts

Volvo Car AB (publ) reported Q3 2026 operating income of SEK -3.7B (EBIT margin -5.6%) and announced additional SEK 5B cost reductions, including a structural reduction of ~2,500 jobs. China revenue fell nearly 50% YoY amid pricing pressure; US tariffs and incentive changes hit margins.Material Det…