Reuters: Company News: REFILE-UPDATE 1-Volvo Cars to cut costs as trade war dents profits

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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.
REFILE-UPDATE 1-Volvo Cars to cut costs as trade war dents profits http://feeds.reuters.com/~r/reuters/companyNews/~3/EEitvbtzH6E/refile-update-1-volvo-cars-to-cut-costs-as-trade-war-dents-profits-idUSL8N24J0LN Jul 18th 2019, 07:04
Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability.

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