Volvo Cars News
Volvo Cars
Volvo Cars Shares Plunge 30% as 2,500 Jobs Face Cuts
Volvo Cars shares plunged nearly 30% after a 3.7 billion crown quarterly loss, with 2,500 more job cuts and an additional 5 billion crowns in planned savings.
Volvo Cars Appoints Klaus Zellmer as CEO Successor to Hakan Samuelsson
Volvo Cars Names Klaus Zellmer as CEO Successor to Hakan Samuelsson as the Automaker Faces EV Demand Shifts, US Tariffs, China Sales Pressure and Profitability Challenges