Volvo has slashed its sales guidance, warning that the industry remains "under pressure". The Swedish automaker's revised forecast comes amid ongoing concerns about global economic uncertainty and shifting consumer preferences. As the automotive sector continues to navigate these challenges, Volvo's adjusted outlook highlights the need for strategic adaptation and innovation.

Source: https://www.ft.com/content/95163040-43e7-4822-be94-b40baf2bfcdd