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2026-10-26 05:55:02 UTC

Fiat News 💵📰 on Nostr: Volvo Cars’ CEO acknowledged that China is becoming a market of the past for ...

Volvo Cars’ CEO acknowledged that China is becoming a market of the past for Western automakers. The company’s shares plunged about 29% after results, and Volvo raised planned job cuts to roughly 6% of its workforce as it adapts to the shifting market. #FiatNews