Plans for a public listing of Volvo Cars by owner Geely have been postponed amid automotive sector uncertainties and depressed share prices for automotive stocks.

Reports say that Volvo has decided plans for a listing in Stockholm have now been delayed indefinitely.

"We've come to the conclusion that the timing is not optimal for an IPO right now," Volvo Chief Executive Hakan Samuelsson told Reuters.

Reuters reported that the company said a listing was still possible in the future.

But Samuelsson said IPO prospects had dimmed with the business cycle.

The Reuters report added that some observers were dubious about the US$30bn valuation that Volvo said it could reach. Ratcheted up trade tensions between the US and China have spooked investors in automotive companies. New tariffs are already negatively impacting bottom lines for some OEMs.

Volvo Cars has said it will rejig model sourcing to take account of tariff impacts.

The Volvo Cars IPO rethink comes as Aston Martin presses ahead with its plans for a listing in London.

Samuelsson said Aston Martin, as a pure luxury play, was 'more like Ferrari' and said he wished them luck with their IPO.

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