Volvo Cars is exploring building a new plug-in hybrid vehicle at its Ridgeland, South Carolina facility. CEO and President ...

Volvo Cars has announced layoffs at facilities in Sweden and the U.S. amid a “challenging period,” officials said.

ShareSweden-based car maker Volvo Cars said it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says ...

Tariff tensions to drag down UK economy next year, says IMF Trade tensions linked to US tariff plans will reduce UK economic growth next year, according ...

Volvo Cars will cut around 3,000 jobs, representing about 15% of its white-collar workforce in Sweden, according to the BBC.

"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, ...

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

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

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