Volvo Cars shares plunge on earnings fall, withdrawn guidance and major cost-cutting drive

Volvo Group said its so-called "cost and cash action plan" would include reductions in investments and redundancies at its operations across the globe.

May 12, 2025 - 10:13
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Volvo Cars shares plunge on earnings fall, withdrawn guidance and major cost-cutting drive
Volvo Group said its so-called "cost and cash action plan" would include reductions in investments and redundancies at its operations across the globe.