Volvo plans 13 new models by 2030 to double share
Volvo Cars plans to launch 13 new models by 2030 in an effort to double its market share despite facing U.S. tariffs and slumping sales in China. The automaker aims to lift margins and boost parts sharing with Geely.
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VOLVO CAR AB-B plans to launch 13 new models by 2030 in an aggressive bid to double its global market share. The Sweden-based automaker announced the strategy on Thursday morning amid mounting pressure from U.S. tariffs and slumping sales in China. Investors responded positively, sending the company's shares up nearly 2% during Thursday's trading session.
