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 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 ...

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 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 ...

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 ...

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 ...

Volvo is a Swedish automaker owned by Geely since 2010 and headquartered in Gothenburg Sweden. Founded in 1927, it has evolved into a premium automaker renowned for its safety, famously giving ...