EconomyVolvo Cars swings to third-quarter loss, plans job cuts
Volvo Cars reported an operating loss in the third quarter as a slow production ramp-up of its new EX60 electric SUV and weak demand in China and the United States hurt sales. The company said on Friday it would cut about 2,500 jobs.
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Reuters★★★☆☆2026-10-23 05:30Original
Volvo Cars swings to third-quarter loss, plans job cuts
Economy