Volvo Cars said May 26 that its cutting 3,000 positions, many in its homeland of Swenden, under a cost-reduction program ...

Volvo Cars is set to cut around 3,000 jobs as part of a restructuring ... the development of the talent we need for our ambitious future.” Volvo Car Group recorded a record-breaking core ...

Volvo Cars’ planned reduction in its Swedish operations is expected to impact around 1,200 employee-held positions ...

The South Korean automaker’s new $7.6 billion factory is a bulwark against tariffs and EV-hostile policies.

The Swedish firm has announced it will cut 3,000 jobs in ... need for our ambitious future.” Volvo said move “aims to build a stronger and even more resilient Volvo Cars at a time when the ...

The plan is worth 18 billion Swedish kronor (approximately $1.89 billion) and includes the creation of a leaner, more ...

A total of 3,000 jobs will be lost worldwide ... focus more strongly on plug-in hybrids in the future because its ramp-up of pure electric cars has stalled. In the first quarter, the share ...

Volvo is taking drastic measures in response to new tariffs, announcing mass layoffs and a sales delay. Learn how these ...