Volvo Cars shares plunge 31% amid China, U.S. slump and fresh job cuts

CurrencyNews.com brief · 2h ago · 1 min read · via cnbc.com

The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."

The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow." This story matters for Finance & Markets readers tracking currency. Reported by cnbc.com. Read the full original at the source link below.

Originally reported by cnbc.com. CurrencyNews.com curates and briefs the finance & markets stories that matter. Our editorial policy →
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