Electric Car News Sweden S Volvo Cars Scraps Plan To Only Sell Electric Vehicles By 2030
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Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China's Geely Holding, ... Read More
Volvo Cars ramps up profit margin goal as pursues strategy reset
Volvo Cars said on Thursday it was targeting a long-term operating profit margin of more than 8% as part of its strategy overhaul, which includes reworking its electrification plans and making hybrid ... Read More
Volvo electric car sales slide as new models fall behind schedule
Volvo’s transition towards becoming an all-electric car brand has slowed, according to its Australian boss, but will boom when its EX60 mid-sized SUV arrives next year. Volvo says a delayed arrival of ... Read More
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