Volvo to Slash 800 US Jobs as Q1 Income Falls by $500 Million on Weak Truck Demand – Equitypandit
April 23, 2025April 23, 2025 Volvo AB’s income fell in the first quarter as uncertainty over US tariffs hit truck demand in North America. Operating income dropped to 13.3 billion kronor ($1.4 billion) from 18.2 billion kronor a year earlier. The company also cut its…
