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Volvo plunges on the stock market after posting large losses and announcing 2,500 job cuts

FinanceInternationalLa RepúblicaOct 23, 2026, 7:45 AM10 s readAI summary

Volvo fell sharply on the stock market after posting large losses and announcing 2,500 job cuts. The company, whose majority stake belongs to China's Geely Holding, has been hit by uneven demand for electric vehicles.

Read the full story at La República

IASummary generated by artificial intelligence from a story by La República. It may contain errors: the original source prevails.

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