News
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 ...
Volvo Car VOLCAR.B6.88%increase; green up 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 ...
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 ...
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 to cut costs by 18 billion crowns, restructure US operations Withdraws financial guidance for 2025 and 2026 First-quarter profit drops 60% to 1.9 billion crowns Shares fall 10% New CEO ...
Volvo's financial situation is bad. The automaker reported losses on all fronts for the first quarter. As a result, it's implementing a big cost-cutting plan. Volvo isn't off to a good start in ...
(Krisztian Bocsi/Bloomberg News) Porsche and Volvo Cars, two of the European carmakers most exposed to President Trump’s auto tariffs, gave early accounts of their scrapes Tuesday. Porsche ...
Automakers would also not be responsible for other tariffs on aluminum and steel, said a White House official on Monday night.
Since first being put to market in 2019, Volvo Trucks has sold over 5000 of its battery-electric trucks worldwide, with over 80 now on the road in Australia. Volvo has sold its electric models to ...
The news: General Motors (GM) and Volvo have pulled 2025 profit guidance, citing uncertainty brought about by US President Donald Trump’s tariffs on steel and autos. Other carmakers including Porsche ...
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