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![PiQSuite Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1160506639046328321.png) PiQ [@PiQSuite](/creator/twitter/PiQSuite) on x 123.8K followers
Created: 2025-07-17 05:57:39 UTC

VOLVO CARS CEO: 

EXPECTS GROSS MARGIN TO CONTINUE TO BE UNDER PRESSURE

WE STILL NEED TO LOWER OUR COST POSITION

THE EX60 COMING NEXT YEAR, WILL GET US READY TO SELL EVS WITH BETTER MARGINS

 IF EUROPE WANTS FREE TRADE, IT SHOULD SHOW THE WAY AND LOWER ITS TARIFFS ON THE U.S. FIRST

EU'S XX% TARIFF ON U.S.-MADE CARS IS UNNECESSARY; EUROPEAN CAR INDUSTRY DOES NOT NEED ANY PROTECTION FROM U.S. CARMAKERS

WE CAN'T CONTROL EU'S TARIFF NEGOTATIONS BUT WE CAN DO ACTIONS SUCH AS BUILDING MORE CARS IN THE US, WHICH WE PLAN TO DO WITH THE XC60


XXXXX engagements

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**Related Topics**
[tariffs](/topic/tariffs)
[$vlvof](/topic/$vlvof)
[volvo](/topic/volvo)

[Post Link](https://x.com/PiQSuite/status/1945724559971536902)