The Swedish automaker plans to cut another 2,500 jobs, joining competitors in offering a gloomy view of the world’s biggest car market.
Business
·
Volvo Shares Plunge as China Ambitions Fade for Western Carmakers
CN
CitrixNews Staff
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Business
Fewer people are flying as airfare soars. Here's why airlines aren't worried
Fewer people are flying this year, but with airfare this high and climbing, airline executives say that's just fine...
CitrixNews Staff
·
1 hour ago
Business
Island inflation rate rises to 3%, figures show
Image source, Getty ImagesImage caption, Alcohol and food drove the biggest increase in the inflation rate, statistician...
CitrixNews Staff
·
1 hour ago
Business
A Tech Rotation Roils the Markets, Again
Investors are bracing for a one-two punch: rising oil prices and concerns about the soaring costs of the artificial inte...
CitrixNews Staff
·
1 hour ago
Business
A.I. and New Rules for Accounting Are an Opportunity for Start-Ups
Pennylane, a French company, has gained market share in its home country by helping accountants work with clients. It’s ...
CitrixNews Staff
·
2 hours ago