Volvo Cars Withdraws 2026 Sales and Cash-Flow Outlook

Volvo Cars withdrew its full-year 2026 sales-volume and cash-flow outlook on October 2, saying weaker conditions in China and a slower-than-expected recovery in the United States had made its previous targets unattainable. The automaker did not issue replacement forecasts. The company reported third-quarter global deliveries of 141,609 vehicles, down about 11% from a year earlier. Volvo Cars said market conditions in China had deteriorated further and that the U.S. premium-market recovery was slower than expected, while describing Europe as resilient. The regional results were uneven. Volvo Cars reported European sales of 90,548 vehicles, up 2% year over year, and battery-electric deliveries of 40,466, up 51%. Reports also described a sharp decline in China, where sales were just over 20,000 vehicles. The reported U.S. quarterly sales totals conflict: one account gave 30,777, while another reported 23,766. The available information does not reconcile the difference, so the U.S. total cannot be established from these figures.