FRANKFURT, Germany — Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the ...

VW readies its next-gen EV underpinnings, Volvo slashes 3,000 jobs, and BYD cuts prices for the wrong reasons.

Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in ...

"Stocks and other risky assets are down as #Trump threatens a 50% tariff on EU goods as early as June," Jeroen Blokland, founder of the Netherlands-based Blokland Smart Multi-Asset Fund, wrote on X, ...

Sweden-based Volvo Cars announced this week that it will eliminate around 3,000 jobs worldwide — another sign that Trump’s ...

Dwindling sales of Tesla's most important EV, plus job losses and manufacturing shake-ups. It's all happening in today's Morning Shift.

May 27 (UPI) -- Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan.

Volvo CEO Håkan Samuelsson stated that most of the increased costs from higher U.S. tariffs would ultimately be passed on to consumers. His remarks are being interpreted as a signal of potential price ...

STOCKHOLM: Volvo Cars is slashing 3,000 white-collar jobs in a comprehensive reorganization effort aimed at cutting costs and resuscitating its stressed share price, the Swedish automaker announced on ...

Volvo Cars customers will likely bear the brunt of increasing trade tariffs, CEO Hakan Samuelsson said this week, as the ...

The European Union has agreed to fast-track trade talks with the US in a bid to avoid President Trump's 50% tariffs — which, ...

Swedish car manufacturer Volvo Cars revealed on Monday that it plans to eliminate 3,000 positions as part of its new cost and ...