EconomyVolvo Cars shares plunge 28% amid China sales slump and fresh job cuts
Shares in Swedish automaker Volvo Cars fell 28%. The company pointed to worsening conditions, led by tougher markets in China and the U.S., which weighed on free cash flow.
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CNBC★★★☆☆2026-10-23 07:29Original
Volvo Cars shares plunge 28% amid China sales slump and fresh job cuts
Economy