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Volvo Shares Plunge as China Ambitions Fade for Western Carmakers

Oct 23, 2026, 01:08 PM· 52 minutes ago· Original: EN
Volvo 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.

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