Sweden’s Volvo Cars shares jump 40% after profit beat, on track for best day ever ⊕⊕
Sweden's Volvo Cars on Thursday posted stronger-than-expected third-quarter operating profit, prompting shares to rally by more than 40%.
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Volvo Cars
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44 days ago
4 months ago
Sweden's Volvo Cars switches gears in the U.S. as tariffs bite
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Volvo Cars is widely considered to be one of the most exposed European carmakers to U.S. tariffs.
6 months ago
CNBC Daily Open: European nations and companies reposition themselves in response to Trump tariffs
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a story from CNBC ⚠️ › World News
French President Emmanuel Macron's Vietnam visit and Swedish automaker Volvo Cars' layoffs are both, in some ways, responses to Trump tariffs.
Chinese-owned Volvo Cars to cut 3,000 jobs
The firm's boss pointed to the "challenging period" faced by the industry as a reason for the layoffs.
CNBC Daily Open: Europe is already responding to Trump tariffs
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a story from CNBC ⚠️ › World News
French President Emmanuel Macron visiting Vietnam and Swedish automaker Volvo Cars laying off employees are both, in some ways, responses to Trump tariffs.
Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last month.
7 months ago
Europe stocks close higher amid earnings bonanza; Volvo Cars down 10%
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a story from CNBC ⚠️ › World News
European stocks closed higher on Tuesday, with results out from HSBC, Lufthansa, Volvo Cars, Adidas, BP, AstraZeneca, Deutsche Bank and more.
Europe stocks rise amid earnings bonanza; BP down 3%
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a story from CNBC ⚠️ › World News
European stocks were higher on Tuesday, with results out from HSBC, Lufthansa, Volvo Cars, Adidas, BP, AstraZeneca, Deutsche Bank and more.
Europe stocks rise amid earnings bonanza; Volvo Cars drops 8.5%
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a story from CNBC ⚠️ › World News
European stocks were higher on Tuesday, with results out from HSBC, Lufthansa, Volvo Cars, Adidas, BP, AstraZeneca, Deutsche Bank and more.
Europe stocks open higher; Volvo Cars sheds 8.5%, Porsche falls 5% after earnings
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a story from CNBC ⚠️ › World News
European stocks were higher on Tuesday, with results out from HSBC, Lufthansa, Volvo Cars, Adidas, BP, AstraZeneca, Deutsche Bank and more.