Sweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the ...

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

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

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

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

Take a look at how the Latch system and each car seat scored in our Car Seat Check of the 2025 Volvo XC90 Plug-in Hybrid.

The Volvo Cars layoffs mark another cut in the automotive industry’s attempt to cut costs and realign the business with ...

Volvo Cars is set to cut around 3,000 jobs as part of a restructuring initiative aimed at addressing high costs, slowing EV ...

The carmaker warned last month that job cuts were on the way as it launched a plan to reduce costs.

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.

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