Volvo’s stock has plunged to an all-time low amid a stark warning from its CEO that the company’s China market—once a key growth driver—has effectively disappeared. The admission highlights deepening challenges in the world’s second-largest automotive market, where shifting consumer preferences and regulatory pressures have reshaped demand. Analysts are now scrutinizing whether the automaker can pivot quickly enough to offset losses, as its reliance on electric vehicle sales and global supply chains faces renewed scrutiny. The move underscores broader industry concerns over China’s evolving role in the global auto sector.
Volvo Car sinks to record low as CEO says China market gone Auto Finance News
