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

The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its ...

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

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

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 ...

STOCKHOLM–Volvo Car said it would cut around 3,000 jobs as part of a wider plan to slash costs and become more efficient amid ...

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

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

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

One lawmaker is blaming President Donald Trump’s tariff policies as a reason Volvo temporarily suspended production at its ...

The majority of the job cuts will affect office-based positions in Sweden. Volvo Cars said the decision would help to build a ...