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 ...

Volvo has announced a major wave of job losses with around 3,000 positions set to be cut from the carmaker's global workforce. The Swedish brand says it ...

The Sweden-based car company said in a release Monday that the move is part of its “cost and cash action plan” that is ...

Volvo to cut 3,000 jobs amid a slowdown in electric car demand. Discover the impact on their restructuring plan now.

Volvo Cars is set to cut around 3,000 jobs as part of a restructuring initiative aimed at addressing high costs, slowing EV ...

Volvo is inching closer to unveiling its upcoming XC70. Before that happens, photos of the model appeared on China's MIIT ...