A major Chinese-owned car brand saw its electric car sales plummet in May as drivers continue to stick with petrol and diesel ...

This decision comes just weeks after the company’s former CEO, Hakan Samuelsson, returned to lead Volvo again.

"The XC70 enables us to maintain and develop a balanced product portfolio." Volvo reboots legendary model with electric twist ...

Volvo is particularly hit by the proposed tariff. Vehicles from other car-makers with lower price tags, including Ford Motor, ...

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 ...

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

Volvo is axing 3,000 jobs globally under a major cost-cutting and cash action plan. Redundancies will primarily affect office ...

Volvo plans to cut 3,000 white-collar jobs to restructure operations amid rising costs and low demand for electric vehicles.

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

The move is part of a $1.8 billion cost-cutting strategy and will eliminate roughly 15% of the automaker’s workforce.

Tariff tensions to drag down UK economy next year, says IMF Trade tensions linked to US tariff plans will reduce UK economic ...