S&P on Friday lowered the outlook for its BB+ credit rating on Volvo Cars to "negative" from "stable", saying U.S. tariffs ...

However, the company says that it has already resolved the issue of part shortage by Friday afternoon. Volvo is already going ...

The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its ...

Volvo is taking drastic measures in response to new tariffs, announcing mass layoffs and a sales delay. Learn how these ...

One lawmaker is blaming President Donald Trump’s tariff policies as a reason Volvo temporarily suspended production at its ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces ...

Most of Volvo Cars’ vehicles for the US market, which last year accounted for 16% of group sales, are imported from Europe.

Volvo Cars said May 26 that its cutting 3,000 positions, many in its homeland of Swenden, under a cost-reduction program ...

The carmaker warned last month that job cuts were on the way as it launched a plan to reduce costs.

Volvo plans to cut 3,000 white-collar jobs to restructure operations amid rising costs and low demand for electric vehicles.

Volvo Cars CEO Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost ...

Volvo Cars and Alphabet's Google said on Wednesday the Swedish carmaker was now the lead development partner for Android automotive software, which should give its buyers access to new ...