Business
Volvo Faces Profit Downturn in China
Swedish automaker Volvo reported a significant share drop and free cash flow decline due to worsening market conditions, particularly in China and the U.S.
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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."
2026-10-23 07:29 UTC