Volvo Cars plunges 27% as CEO says China sales slump came 'faster than we thought'
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow." This story matters for Finance & Markets readers tracking expo. Reported by cnbc.com. Read the full original at the source link below.
Originally reported by cnbc.com. ExpoNews.com curates and briefs the finance & markets stories that matter. Our editorial policy →
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