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

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

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

U.S. Rep. James Clyburn, a Democrat from South Carolina's 6th Congressional District, engaged with voters during a town hall ...

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

Volvo Cars said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the United States due to changing market conditions and evolving trade policies, ...

Most of Volvo Cars’ vehicles for the US market, which last year accounted for 16% of group sales, are imported from Europe.

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

Volvo ( OTCPK:VOLAF) ( OTCPK:VLVLY) ( OTCPK:VOLVF) will pass along most of the cost of tariffs onto consumers, ultimately ...

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