STOCKHOLM , July 14 (Reuters) - Sweden-based Volvo Cars

will book a one-off, non-cash impairment charge of

11.4 billion Swedish crowns ($1.19 billion) in the second

quarter, it said on Monday.

"Volvo Cars is adjusting the financial assumptions for the

EX90 and ES90 platform, due to previous launch delays and new

import tariffs in several markets," it said in a statement.

($1 = 9.6103 Swedish crowns)