Volvo Cars steps up cost-efficiency initiative for long-term sustainable growth
Volvo Cars today announces plans to further accelerate its ongoing transformation, with increased focus on its cost optimisation and resource efficiency initiative. The company has laid out clear strategic ambitions for the future, including increasing its growth and becoming 100 per cent electric by 2030, while constantly reducing its overall CO2 footprint. To ensure the company delivers on those ambitions, it will take the next step in securing a more efficient and sustainable cost base for the future. It will also restructure and change ways of working in certain