Volvo Cars in share price crash as 2,500 job cuts follow sales slump
2 sources·Updated October 23, 2026
Covered by 2 sources
- NYT Business·3h agoVolvo 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 at NYT Business → - Sky News Home·5h agoVolvo Cars in share price crash as 2,500 job cuts follow sales slump
Volvo Cars has revealed a further 2,500 job cuts amid a slump in sales that has seen its share price crash to record lows.
Read at Sky News Home →