US Tariffs, China Competition: Volvo Cars To Cut 2,500 Jobs, Most In Sweden
The Hindu
The company, which had bet heavily on electric vehicles, said the removal of consumer incentives for EVs in the US under President Trump had also hit its margins.
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NDTVUS Tariffs, China Competition: Volvo Cars To Cut 2,500 Jobs, Most In Sweden
The company, which had bet heavily on electric vehicles, said the removal of consumer incentives for EVs in the US under President Trump had also hit its margins.
Read on NDTV -
The HinduVolvo Cars announces 2,500 job cuts worldwide
Struggling along with other European auto companies in the face of a difficult global landscape, Volvo Cars last year announced an 18-billion-kronor cost-cutting plan
Read on The Hindu
