Rising tariff uncertainty and higher material prices, among other factors, has resulted in several European car companies to implement drastic cost-cutting measures. Volvo Cars announced worldwide ...

Luxury automaker Volvo is slashing 3,000 jobs, representing about 15% of the company's office-based workforce. The announcement made Monday says the most impacted positions are in Sweden.

The majority of the job cuts will affect office-based positions in Sweden. Volvo Cars said the decision would help to build a stronger and more resilient company down the line. Sweden-based Volvo ...

COPENHAGEN, June 4 (Reuters) - Volvo Cars (VOLCARb.ST), opens new tab sold 59,822 cars in May, down 12% from a year earlier, the Sweden-based company said on Wednesday. Volvo Cars, which is ...

Layoffs represent some 15% of company's total office staff Group announced plans last month to slash costs by $1.9 billion Volvo Cars more exposed than many European peers to U.S. tariffs ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces challenges from trade tensions and resulting economic uncertainty.

FRANKFURT, Germany: Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces challenges from trade tensions and resulting economic ...

If I were to ask you to name six sexy car brands, Volvo might fall behind some of the swanky F1 names and Italian engines, but allow me to try and change your mind. Because, when it comes to cars ...