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

Volvo Cars sold 59,822 cars in May, down 12% from a year earlier, the Sweden-based company said on Wednesday.

Rising tariff uncertainty and higher material prices, among other factors, has resulted in several European car companies to ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces ...

Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high ...

Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in ...

Sweden's Volvo said Monday it would cut 3,000 jobs, or around 15 percent of its office-based workforce, as part of a $1.9 ...

May 27 (UPI) -- Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan.

STOCKHOLM--Volvo Car said global sales fell 12% on year in May. The Swedish automaker, which is majority-owned by China's Zhejiang Geely Holding Group, sold 59,822 cars in May, down from 68,034 in the ...

The Ford Motor Company sold Volvo in 2010 to Geely, a Chinese company, because Volvo wasn't selling as well as expected ...

For this 2025 EX40 review, Volvo provided a Twin Motor Ultra in Dexter, Michigan. My test vehicle had no additional optional ...