Volvo Cars Sales Drop 12% Amid US Tariff Challenges
Volvo Cars' May 2025 sales dropped 12% due to US tariffs, with electrified models falling to 44% share. Cost-cutting includes 3,000 job cuts amid global auto industry challenges. (219 characters)
Volvo Cars' May 2025 sales dropped 12% due to US tariffs, with electrified models falling to 44% share. Cost-cutting includes 3,000 job cuts amid global auto industry challenges. (219 characters)
European firms reduce investments in China amid economic slowdown, overcapacity, and trade tensions, as profits decline and competition intensifies.