Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade tensions ...

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

Volvo Cars is set to cut approximately 3,000 jobs, primarily affecting white-collar employees, as part of a significant ...

Volvo Cars has announced layoffs at facilities in Sweden and the U.S. amid a “challenging period,” officials said. The post ...

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

Volvo Cars has temporarily halted production at its Ridgeville, South Carolina, facility due to a parts shortage. The plant, ...

Volvo is axing 3,000 jobs globally under a major cost-cutting and cash action plan. Redundancies will primarily affect office ...

Volvo Cars will cut around 3,000 jobs, representing about 15% of its white-collar workforce in Sweden, according to the BBC.

Volvo will terminate 1,200 office-based employees in Sweden, 1,000 consultants in Sweden, and the remaining 800 from its worldwide workforce.

FRANKFURT, Germany — Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the ...

S&P on Friday lowered the outlook for its BB+ credit rating on Volvo Cars to "negative" from "stable", saying U.S. tariffs ...

The move is part of a $1.8 billion cost-cutting strategy and will eliminate roughly 15% of the automaker’s workforce.