Volvo Shares Plunge in 2026: US Tariffs, China Competition and Quarterly Losses Shake Investors
Volvo Cars is facing a difficult moment in 2026, and investors have been given a fresh reason to worry. On October 23, the Swedish automaker’s shares plunged almost 30% after the company reported a much larger-than-expected quarterly operating loss and announced another round of job cuts. The sell-off pushed the stock to record lows, highlighting … Read more