Trade war tensions push Volvo Cars to postpone jumbo IPO

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Trade war tensions push Volvo Cars to postpone jumbo IPO

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2019 Volvo V60 Wagon is unveiled at the 2018 New York International Auto Show at the Jacob K. Javits Convention Center in New York City on March 28, 2018. The first New York Auto Show was held in 1900 and it was the first auto show ever held in North America. About 1 million visitors are expected to attend the show. Photo by John Angelillo/UPI | JOHN ANGELILLO/UPI/PA Images

Geely’s delay of the Volvo Cars IPO this week, in light of trade tensions between the US and China, will leave a large hole in this autumn’s pipeline.

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