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 ...

Volvo has reported a significant decline in revenue and income for the first quarter. The company blamed a variety of issues and is embarking on a cost cutting plan. Its South Carolina plant is ...

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.

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 ...

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 is preparing to lay off as many as 800 workers at three US sites in the coming months amid uncertainty over how President Donald Trump’s tariff policy will affect demand, Reuters ...

MEXICO CITY, April 3 (Reuters) - Sweden's AB Volvo (VOLVb.ST), opens new tab will increase its investment in the truck factory it is building in the northern Mexican state of Nuevo Leon to $1 ...

As the situation regarding President Trump's tariff plans evolves, Swedish automaker and wagon savant Volvo is making some adjustments to better equip itself for the United States market.

Volvo has a history of pioneering car safety ... The T6 variant, which comes with the 3.0-liter inline-6 turbocharged engine, can make 300 hp. It is also a very comfortable daily cruiser, with ...

Volvo Group North America confirmed to abc27 News that 250-350 will be laid off from the Mack Trucks plant in Macungie, near Allentown, along with 50-100 people from the Volvo/Mack powertrain ...

At Ford, we believe in action,” the automaker said in a press release. Volvo said it was looking to move production of another vehicle model to a US facility. AFP via Getty Images Foreign ...

Håkan Samuelsson, chief executive of Volvo, speaks after the company's board meeting in Gothenburg. Photo: Björn Larsson Rosvall/TT Sweden's Volvo Cars, owned by China's Geely, will increase its ...