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Volvo Cars launches SEK 18 billion action plan to cut costs and ensure profitability
On April 29, Volvo Cars announced that it has launched an accelerated cost and cash action plan totaling SEK 18 billion, to protect profitability and drive structural efficiencies across both direct and indirect costs.
The plan includes SEK 3 billion in variable cost savings and SEK 5 billion in indirect spending eff....
The plan includes SEK 3 billion in variable cost savings and SEK 5 billion in indirect spending eff....
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