Porsche and Volvo have expressed concerns regarding the impact of US tariffs on their sales and profits, leading to warnings about price increases for consumers. Porsche's CFO indicated that without a resolution to the tariff situation, their prices in the US will likely rise, citing a 40% profit drop this year. Similarly, Volvo reported a significant 59% decline in operating profit and mentioned plans to adjust pricing strategies, reinforcing their need to respond to ongoing market pressures. Both companies highlight the challenges posed by the current tariff regime.
If negotiations do not turn out to be successful, and the tariff regime stays as we see it today, we will definitely increase prices in the US.
We are taking commercial measures linked to pricing and what cars we sell, continuing to monitor the market on basically a daily basis.
Collection
[
|
...
]