Volvo shares fall 14% to record low as Chinese owner Geely sells shares
Volvo Cars shares fell as much as 14% on Friday, hitting a record low. Volvo parent company Zhejiang Geely Holding Group has started selling around 100 million shares in the Swedish carmaker. Volvo vehicles seen outside an Edmonton Volvo dealership on October 26, 2023 in Edmonton, Alberta, Canada. Arthur Widak | Photo only | Getty … [Read more…]