Volvo plans cost cuts of €1.6 billion and staff reductions
Swedish automaker Volvo Cars has announced a cost-cutting initiative worth 18 billion Swedish krona (€1.
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Volvo profits down more than expected
Vehicle manufacturer Volvo has had a bad first quarter, reporting sales that were lower than expected.
Volvo Cars abandons 2030 EV-only target
Swedish automaker Volvo Cars scrapped its target of going all-electric by 2030 on Wednesday, saying it now expected to still be offering some hybrid models in…