Volvo Shares Plunge as China Ambitions Fade for Western Carmakers
CNBC
The Swedish automaker plans to cut another 2,500 jobs, joining competitors in offering a gloomy view of the world’s biggest car market.
Summary from New York Times
How 2 outlets are covering it
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New York TimesVolvo Shares Plunge as China Ambitions Fade for Western Carmakers
The Swedish automaker plans to cut another 2,500 jobs, joining competitors in offering a gloomy view of the world’s biggest car market.
Read on New York Times -
CNBCVolvo Cars shares plunge 25% amid China sales slump and fresh job cuts Read on CNBC
