Volvo is launching a nearly $2 billion (SEK 18 billion) restructuring plan to drive growth and mitigate the impact of Trump’s tariffs. With the new EX30 and ES90 EVs rolling out, Volvo is taking ...

A glance at the mighty Volvo XC90 and it struck us how time flies. Launched in 2015, the flagship SUV completed 10 years on the Indian roads, and still carries an aura like no other vehicle in the ...

Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of hundreds of layoffs in three states amid market uncertainty and recent tariffs. Volvo Group ...

Volvo Car VOLCAR.B-9.83%decrease; red down pointing triangle said it would cut jobs as part of a cost-saving drive and withdrew its guidance for this year and next, as it warned of uncertainty and ...

The Volvo Group will be laying off up to 800 workers from three US-based plants. The company blames market uncertainties and the tariffs imposed by the US. Orders for heavy-duty trucks are down ...

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The donut chart shows Volvo Cars' sources of revenue in 2024, China accounting for 20%, U.S for 16%, Europe for 48% and the rest for 15%. After Volvo Cars sacked former top executive Jim Rowan ...

Volvo Group’s North American truck operations are set to lay off about 1,000 employees in the coming weeks, CEO Martin Lundstedt said April 23. Lundstedt dropped the bombshell in the final ...

Volvo EX30 production now underway in Ghent, Belgium, to dodge heavy tariffs on Chinese-built cars The move aims to stabilize pricing and boost U.S. availability of the popular small EV Despite ...

In response to that growing demand for dependable off-grid power, Volvo has developed the new PU500 Battery Energy Storage System (BESS) designed to take electrical power when it’s needed most.

Jordan Rubinstein-Towler, the CGI automotive designer tucked behind the jrubinsteintowler alias on social media, has recently imagined a cool Volvo revival, tried to catch everyone's attention ...