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Volvo Cars plunges 24% as CEO says China sales slump came 'faster than we thought'

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Volvo Cars plunges 24% as CEO says China sales slump came 'faster than we thought'
💰 Business
Volvo Cars shares drop 24% after CEO warns of China sales slump

Volvo Cars’ shares fell 24.2% on Friday after the Swedish automaker announced a 2,500‑person global layoff plan and warned that its Chinese sales slump “came f…

CNBC Earnings 3 days ago 5
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Volvo Cars shares drop 24% after CEO warns of China sales slump
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Volvo Cars plunges 24% as CEO says China sales slump came '…
💰 Business
Volvo Cars shares drop 24% after CEO warns of China sales slump
CNBC Earnings · 3 days ago
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