🚗 Automotive Oct 23, 2026 · James Paton

Volvo Shares Plunge as China Ambitions Fade for Western Carmakers

New York Times Automobiles
NYT automobiles
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Volvo Shares Plunge as China Ambitions Fade for Western Carmakers
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The Swedish automaker plans to cut another 2,500 jobs, joining competitors in offering a gloomy view of the world’s biggest car market.

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