Volvo Pulls Full-Year Guidance After Q3 Sales Drop 10.7%

Volvo withdrew its full-year 2026 volume and cash flow guidance after global sales fell 10.7% in the third quarter. Sales dropped 40.6% in China and 8.7% in the U.S., while the stock has lost about 50% of its value this year.

• Q3 global sales fell 10.7% year over year to 141,609 cars
• China sales dropped 40.6% to 20,284 units; U.S. sales fell 8.7% to 23,766
• EV sales rose 28.6% to 45,060 units, up 51% in Europe
• Volvo shares have lost roughly 50% of their value since January