Volvo Could Be Forced To Slash Facelifts And R&D Projects To Save Money, EV and Autonomus Programs Safe
The ongoing Coronavirus pandemic has put a colossal strain on the financial resources of nearly all the world’s automakers. They have been forced to close dozens of plants and even other aspects of their operations to try and slow down the spread of COVID-19. Further squeezing things are the closures of dealerships that have turned off a very key flow of money for these corporations. As a result, a few companies are getting creative with where they are cutting costs, and it appears that Volvo could possibly go down this route if things don’t improve soon. A new report that …