Reuters: Company News: Volvo Cars launches cost cutting measures as trade war dents profit again

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Reuters: Company News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world’s media, financial institutions, businesses and individuals.
Volvo Cars launches cost cutting measures as trade war dents profit again http://feeds.reuters.com/~r/reuters/companyNews/~3/cQRp-WmD3Po/volvo-cars-launches-cost-cutting-measures-as-trade-war-dents-profit-again-idUSL8N24I5DU Jul 18th 2019, 04:00
Sweden’s Volvo announced new measures to cut fixed costs by 2 billion Swedish crowns ($214 million) on Thursday, as it became the latest carmaker to warn that pricing pressure and tariffs arising from the Sino-U.S. trade war were denting profitability.

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