Volvo Cars plunges 26% as CEO says China sales slump came 'faster than we thought'
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."
By · October 23, 2026 · 1 min read
This article was originally published by
CNBC Top News
and is republished here under license.
The Swedish automaker cited a deteriorating environment led by “tougher” market conditions in China and the U.S., which “negatively affected free cash flow.”
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