BUSINESS● ELEVATED1h ago · Oct 23, 2026, 7:24 AM
Volvo Cars announces 2,500 job cuts as it swings to quarterly loss
EuroNews [en] · global
Chinese ownership has not shielded Volvo Cars from competition in China, as the Geely-owned carmaker steps up its turnaround efforts amid pressure from local rivals, US tariffs and the removal of EV incentives.
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