US Tariffs, China Competition: Volvo Cars To Cut 2,500 Jobs, Most In Sweden

The company, which had bet heavily on electric vehicles, said the removal of consumer incentives for EVs in the US under President Trump had also hit its margins.
Story file
- Section
- India
- Topics
- Jobs & careers, Cars & bikes
- First reported by
- NDTV
- Published
- Friday, 23 October 2026, 1:49 pm IST
- Coverage
- One outlet so far
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