Volvo’s Dismal Q3 Results Lead to More Job Cuts, Business Consolidation

Shares of Swedenâs Volvo (VLVCY) limped into Fridayâs open down by more than 27% after third quarter results underscored the substantial obstacles the carmaker faces in selling vehicles in China and the U.S. Total sales were down 22.6% in the third quarter, led

Shares of Swedenâs Volvo (VLVCY) limped into Fridayâs open down by more than 27% after third quarter results underscored the substantial obstacles the carmaker faces in selling vehicles in China and the U.S.

Total sales were down 22.6% in the third quarter, led

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