Automobiles
Volvo Cars, Owned by Chinese Firm Geely, to Cut 3,000 Jobs Amid Industry Turmoil Volvo Cars, the iconic Swedish automaker now under the ownership of China’s Geely Holding Group, has announced it will cut approximately 3,000 jobs globally as part of a sweeping cost-reduction initiative. The decision comes amid intensifying industry challenges, including a costly … Read More “Volvo Cars, Owned by Chinese Firm, to Slash 3,000 Jobs” »