Sweden-based Volvo Cars announced this week that it will eliminate around 3,000 jobs worldwide — another sign that Trump’s ...

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

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

Volvo CEO Håkan Samuelsson stated that most of the increased costs from higher U.S. tariffs would ultimately be passed on to consumers. His remarks are being interpreted as a signal of potential price ...

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

CEO Hakan Samuelsson also said consumers, not Volvo, would have to absorb the cost of tariff-related price increases ...

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

Volvo Car AB trading as Volvo Cars is a Swedish multinational manufacturer of luxury vehicles.

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

Volvo Cars plans to lay off 3,000 employees, primarily in Sweden, as part of a cost-cutting initiative driven by economic ...

A German court on Monday convicted four former Volkswagen managers of fraud and gave two of them prison sentences for their ...

Volvo's Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases.