DAF, Volvo, MAN and Iveco, were fined about €3 billion by the European Union for colluding for 14 years on pricing.

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Volvo will terminate 1,200 office-based employees in Sweden, 1,000 consultants in Sweden, and the remaining 800 from its worldwide workforce.

This new PHEV-only SUV sits between the XC60 and XC90, offering up to 112 miles of electric range, but don't expect to see it in America.

VW readies its next-gen EV underpinnings, Volvo slashes 3,000 jobs, and BYD cuts prices for the wrong reasons.

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

Top Stories Trump expresses support for Nippon Steel’s acquisition of U.S. Read More Tesla faces declining sales in Europe amid competition and controversy. Read More Volvo announces global job cuts ...

Dwindling sales of Tesla's most important EV, plus job losses and manufacturing shake-ups. It's all happening in today's Morning Shift.

A new U.S.-Israeli mechanism for delivering humanitarian assistance into Gaza that uses armed private contractors in favor of ...

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

Is the buzz around ACT EXPO translating to real ROI? We decode the tangible value vs. costs of attending trucking's biggest ...

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 ...