Volvo Cars plans to reopen its South Carolina plant this weekend, saying Mat 30 that it was forced to halt production over an ...

Earlier this month Volvo confirmed it was cutting 125 staff from the Ridgeville plant’s 2,500-strong workforce because of the ...

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

STOCKHOLM/DETROIT >> Volvo Cars CEO Hakan Samuelsson said on Friday that its customers would have to pay a large part of ...

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 ...

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 ...

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

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

The cuts will affect about 1,200 employees and 1,000 consultants, the automaker said. CEO Håkan Samuelsson said the cuts would help improve the automaker’s cash flow and reduce overall costs.