Volvo cutting its losses

Volvo's recent announcement that it will be sacking 1200 employees in Sweden and that it will be dropping an additional 300 jobs overseas, along with 500 contractor cancellations, has reignited talks of the company moving towards a potential sale.Volvo is the last of the original Premier Automotive Group left in Ford Motors, after it sold Aston Martin, Land Rover and Jaguar. It denies that it is