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

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

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

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

Volvo Car AB plans to eliminate around 7% of its global workforce as the Swedish carmaker cuts costs to counter muted demand ...

Volvo is inching closer to unveiling its upcoming XC70. Before that happens, photos of the model appeared on China's MIIT ...

Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The ...

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

The carmaker warned last month that job cuts were on the way as it launched a plan to reduce costs.

The new XC70 is built on Volvo’s SMA platform offering a groundbreaking range of up to 200 kilometres in pure electric mode.

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