Volvo is setting records, especially with its electric cars. At its plant in Belgium, it becomes clear why the Swedish-Chinese brand is better equipped than its competitors to ride out a looming global trade war.
Volvo is setting records, especially with its electric cars. At its plant in Belgium, it becomes clear why the Swedish-Chinese brand is better equipped than its competitors to ride out a looming global trade war.
Demand for the U.S. automaker’s vehicles is waning, with sales of new Tesla cars almost halving in Europe in January 2025. While this is partly due to its CEO Elon Musk’s cahooting with President Donald Trump, there are also other factors at play.
The U.S. automaker is struggling with a severe drop in sales. This is, of course, partly due to its CEO Elon Musk’s cahooting with President Donald Trump. But there is something else going on.