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

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

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

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

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

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 ...

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 ...

WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably ...

Sweden-based automaker Volvo Cars on Monday said it would ... Uncertainty over trade tariffs is expected to have a profound impact on the car industry, particularly given the high globalization ...