Volvo Cars launches $1.9b cost-cutting plan
Sweden’s Volvo Cars announced Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs...
Sweden’s Volvo Cars announced Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs...
Sweden’s Volvo Cars, owned by China’s Geely, will increase its production of vehicles in the United States and probably produce an additional model there, following US President Donald’s Trump’s introduction of tariffs, its chief executive officer told media Thursday...