Volvo Cars plunges 27% 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."
Coverage across the spectrum
How we rate outletsThe story so far
- Volvo Cars sinks 28% as it swings to Q3 loss, plans 2,500 job cuts.
- Volvo Cars shares plunge 31% amid China, U.S. slump and fresh job cuts.
- Volvo Cars swings to Q3 loss as revenue falls 22.6% Y/Y.
Who's reporting it
All 7 sourcesTimeline
10h ago
Seeking Alpha (US): Volvo Cars posted a Q3 loss as revenue fell 22.6% and it withdrew its 2026 outlook amid tough markets.
8h ago
Investing.com: Volvo Cars sinks 28% as it swings to Q3 loss, plans 2,500 job cuts
8h ago
US Top News and Analysis (US): The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected
7h ago
US Top News and Analysis (US): The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected
4h ago
US Top News and Analysis (US): The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected
2h ago
US Top News and Analysis (US): The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected
29m ago
US Top News and Analysis (US): The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected
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