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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’ CEO Håkan Samuelsson has issued a stark warning about the ramifications of proposed U.S. tariffs on European ...
Volvo is particularly hit by the proposed tariff. Vehicles from other car-makers with lower price tags, including Ford Motor, ...
WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably ...
Frankfurt (Germany): Volvo Cars has announced plans to reduce 3,000 jobs globally as part of a broad cost-cutting initiative, ...
However, the company says that it has already resolved the issue of part shortage by Friday afternoon. Volvo is already going ...
Volvo Cars’ planned reduction in its Swedish operations is expected to impact around 1,200 employee-held positions ...
Whether price hikes have already hit or are coming in the near future, you can definitely expect them from these companies.
Volvo Cars, which is based in Gothenburg, Sweden but owned by Chinese company Geely Holding, said the automotive industry is ...
STORY: Volvo Cars is cutting some 3,000 mostly white-collar jobs. The move is part of a restructuring announced last month, and comes as the firm grapples with weak demand for electric vehicles and ...
Tariffs stall South Koreas car, semiconductor industries as economy faces decline Tariff impact raises flags for South Koreas ...