Volvo Cars launches $1.9 billion cost-cutting plan
Tuesday, 29 April 2025 () Stockholm (AFP) April 29, 2025
Sweden's Volvo Cars announced Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs. The carmaker, owned by Chinese group Geely, posted a net profit of one billion kronor for the first three months of 2025, down 73 percent from the same period last year. Volvo Cars sales fell 12 percent 82
Volvo Cars revealed the new Volvo S90 – more elegant and comfortable than ever with a comprehensive suite of high-end technology and design updates.
The exterior conveys a contemporary look that..
Volvo Cars revealed the new Volvo S90 – more elegant and comfortable than ever with a comprehensive suite of high-end technology and design updates.
The exterior conveys a contemporary look that..
Kaja Kallas' €40-billion plan for Ukraine flounders at EU summit
After a summit in Brussels, EU leaders did not endorse the target to mobilise €5 billion to procure 2 million ammunition rounds..
Credit: euronews (in English) Duration: 02:30Published
Tuesday, 29 April 2025 ()
Stockholm (AFP) April 29, 2025![Refreshed Volvo S90 Design preview [Video]](https://video.newsserve.net/300/v/20250421/1408646086-Refreshed-Volvo-S90-Design-preview.jpg)
![Meet the new Volvo S90 - the finest version of our luxury hybrid sedan yet [Video]](https://video.newsserve.net/300/v/20250418/1408405342-Meet-the-new-Volvo-S90-the-finest.jpg)
![Kaja Kallas' €40-billion plan for Ukraine flounders at EU summit [Video]](https://video.newsserve.net/300/v/20250321/1405737598-Kaja-Kallas-€40-billion-plan-for-Ukraine-flounders.jpg)
