However, the company says that it has already resolved the issue of part shortage by Friday afternoon. Volvo is already going ...

The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...

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

Volvo Cars may face challenges importing smaller vehicles to the U.S. due to potential 50% tariffs on EU goods, announced by ...

Investing.com -- The credit rating outlook for Volvo (OTC: VLVLY) Cars has been downgraded by S&P Global Ratings. The outlook was lowered from "stable" to "negative" on Friday, due to concerns over ...

Volvo Cars, which is based in Gothenburg, Sweden but owned by Chinese company Geely Holding, said the automotive industry is ...

In the meantime, Volkswagen kept its new-car pricing as-is through ... its plant in order to try to mitigate tariff impact on pricing. In the meantime, Volvo plans to cut 5% of the plant’s ...

Volvo Cars’ CEO Håkan Samuelsson has issued a stark warning about the ramifications of proposed U.S. tariffs on European ...

Trying to keep track of all this tariff stuff? Here's how it's impacting the car industry and you ... May 7, 2025: According to Reuters, Volvo plans to cut five percent of the workforce at ...

The negative outlook on Volvo Cars reflects its large exposure to U.S. import tariffs and the increasing marginalization in the Chinese market, which are expected to put pressure on profitability and ...

Frankfurt (Germany): Volvo Cars has announced plans to reduce 3,000 jobs globally as part of a broad cost-cutting initiative, ...

This leaves Volvo Cars more exposed to U.S. tariffs than many of its European counterparts. ... This ban could potentially impact the automaker’s future operations and sales in the U.S. market.