Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade tensions ...

That’s about 15% of the company's total office-based workforce globally. These layoffs will include about 1,000 consultant ...

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

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

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

Volvo announced a global restructuring plan, announcing a plan to cut 3,000 office jobs, The Independent reported on Tuesday.

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

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

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

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

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

Even relocating production from China to Belgium won't save the EX30. New tariffs make it impossible to offer at the price ...