Volvo is particularly hit by the proposed tariff. Vehicles from other car-makers with lower price tags, including Ford Motor, ...

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 ...

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 ...

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

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

Volvo is axing 3,000 jobs globally under a major cost-cutting and cash action plan. Redundancies will primarily affect office ...

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 ...

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

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

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 ...

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 ...