News

Rising tariff uncertainty and higher material prices, among other factors, has resulted in several European car companies to ...
Volvo Cars sold 59,822 cars in May, down 12% from a year earlier, the Sweden-based company said on Wednesday.
Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade tensions ...
The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...
For this 2025 EX40 review, Volvo provided a Twin Motor Ultra in Dexter, Michigan. My test vehicle had no additional optional ...
Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces ...
Sweden's Volvo said Monday it would cut 3,000 jobs, or around 15 percent of its office-based workforce, as part of a $1.9 ...
Swedish automobile firm Volvo Cars will lay off 3,000 employees as part of a cost-cutting program, the company said on Monday ...
May 27 (UPI) -- Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan.
The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its ...
Of the 3,000 jobs to be cut, around 1,200 were in Sweden, as well as 1,000 consultants primarily based in the Nordic country, ...
Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The ...