# Volvo Cars swings to third-quarter loss, plans job cuts

https://mins.news/en/item/112189

- Reuters, 2026-10-23 05:30 UTC
- Economy
- Original: https://www.reuters.com/world/china/volvo-cars-swings-third-quarter-loss-plans-job-cuts-2026-10-23/?link_source=ta_bluesky_link&taid=6adaf0e6de7d36000197d552

> 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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