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Volvo's shares crash to all-time low as China's Geely cuts stake | CNN Business

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Volvo's shares crash to all-time low as China's Geely cuts stake | CNN Business

Shares in Volvo Cars tumbled as much as 13% Friday to hit a record low after its biggest shareholder Geely sold part of its stake at a discount to the market value.

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Volvo's shares crash to all-time low as China's Geely cuts stake | CNN Business

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Volvo's shares crash to all-time low as China's Geely cuts stake | CNN Business

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