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

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

A MAJOR car brand is facing a “challenging period,” with a huge restructuring plan set to axe 3,000 jobs in a bid to cut costs. The popular car manufacturer blamed rising costs, ...

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

Volvo Cars’ CEO Håkan Samuelsson has issued a stark warning about the ramifications of proposed U.S. tariffs on European imports ...

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

Volvo Cars CEO Hakan Samuelsson said Friday that its customers would have to pay a large part of tariff-related cost increases, and that it could become impossible to import one of its most ...

Volvo Cars is set to cut approximately 3,000 jobs, primarily affecting white-collar employees, as part of a significant ...

Volvo Cars VOLCARb.ST CEO Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases, and that it could become impossible to import one ...

Swedish car manufacturer Volvo Cars plans to cut thousands of administrative jobs as part of cost-cutting measures, the firm announced on Monday.

“The actions announced today have been difficult decisions, but they are important steps as we build a stronger and even more resilient Volvo Cars,” said Håkan Samuelsson, Volvo Cars president and CEO ...