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

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

When you think of Swedish automaker Volvo, chances are that you’d not associate it with a big V8 engine. Funnily enough, this ...

There was, however, one of those mid-century Volvo models that tried to find some style, something the brand wouldn't manage ...

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

Swedish automobile firm Volvo Cars will lay off 3,000 employees as part of a cost-cutting program, the company said on Monday ...

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

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

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

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

Of the 3,000 jobs to be cut, around 1,200 were in Sweden, as well as 1,000 consultants primarily based in the Nordic country, ...