Volvo Cars launches $1.9 billion cost-cutting drive, scraps financial guidance as earnings fall ...United Arab Emirates

CNBC - Economy
Volvo Cars launches $1.9 billion cost-cutting drive, scraps financial guidance as earnings fall
source : CNBC ( United Arab Emirates ) () 54
Volvo Group said its so-called "cost and cash action plan" would include reductions in investments and redundancies at its operations across the globe.

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