Volvo Cars is looking to raise 25 billion kronor ($2.9 billion) in a Stockholm initial public offering in a test for automakers amid the sector's transition to electric vehicles.
Volvo Cars is looking to raise 25 billion kronor ($2.9 billion) in a Stockholm initial public offering in a test for automakers amid the sector's transition to electric vehicles.
Automakers are expected to produce fewer vehicles in North America because of tariff costs.