Huwebes, Hulyo 18, 2019

Volvo will cut costs by $214 million as trade war dents profits

Volvo said the new cost measures will start in the second half and run to the first half of 2020. The company is the latest automaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war are denting profitability.



from Section Page News - Automotive News https://ift.tt/2xWrC0c via Falls Church auto repair

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