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

Volvo Cars is exploring building a new plug-in hybrid vehicle at its Ridgeland, South Carolina facility. CEO and President ...

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

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

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

Volvo Cars will cut around 3,000 jobs, representing about 15% of its white-collar workforce in Sweden, according to the BBC. The move is part of a $1.9 billion cost-cutting plan driven by falling ...

"Stocks and other risky assets are down as #Trump threatens a 50% tariff on EU goods as early as June," Jeroen Blokland, founder of the Netherlands-based Blokland Smart Multi-Asset Fund, wrote on X, ...

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

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

Volvo has announced a major wave of job losses with around 3,000 positions set to be cut from the carmaker's global workforce. The Swedish brand says it ...