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 ...

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

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

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

Volvo Car AB plans to eliminate around 7% of its global workforce as the Swedish carmaker cuts costs to counter muted demand ...

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

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

Volvo XC90 Plug-in Hybrid is a stunner; from the timeless luxury of its cabin to its seamless blend of gas and electric power ...

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

The first Volvo engineered from the ground up to be an EV is, in nearly every way, exactly what Gothenburg’s crown jewel should be. The 2025 Volvo EX90 Ultra Twin Motor Performance is as practical as ...

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