Ongoing economic turmoil and uncertainty leading to slower demand for heavy-duty trucks has prompted Volvo Trucks North ...

The truck manufacturer lowered its North American market sales forecast as higher duties shake the marketplace.

Volvo Cars announced 18 billion Swedish crowns ($1.87 billion) in cost cuts and a restructuring of its U.S. operations on ...

STORY: Shares in Volvo fell over 10% on Tuesday morning after first-quarter profit tumbled.The automaker further spooked ...

European luxury brands Porsche and Volvo issued new tariff warnings on Tuesday as they reported collapsing profits.

Volvo added the cost-cutting program will result in layoffs and withdrew its 2025/ 2026 financial guidance. Related News CICC ...

Volvo CEO explains the factors behind the decision to reduce its workforce in three states while sparing its Greensboro headquarters from job cuts.

Volvo Group said its so-called “cost and cash action plan” would include reductions in investments and redundancies at its ...

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 ...

STOCKHOLM: Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns ($1.87 billion) on Tuesday as ...

Let’s see, President Donald Trump initiated his tariff war which he says will bring more manufacturing jobs back to this ...

STOCKHOLM (Reuters) -Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns ($1.87 billion) on Tuesday as ...