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Volvo has been forced to suspend production at its Ridgeville, SC plant. The pause is due to a shortage of unspecified parts ...
That’s about 15% of the company's total office-based workforce globally. These layoffs will include about 1,000 consultant ...
Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade tensions ...
Volvo is taking drastic measures in response to new tariffs, announcing mass layoffs and a sales delay. Learn how these ...
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high ...
Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in ...
Volvo plans to cut 3,000 white-collar jobs to restructure operations amid rising costs and low demand for electric vehicles.
Most of Volvo Cars’ vehicles for the US market, which last year accounted for 16% of group sales, are imported from Europe.
Volvo's Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases.
Volvo Cars has announced layoffs at facilities in Sweden and the U.S. amid a “challenging period,” officials said.
Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The ...
Even relocating production from China to Belgium won't save the EX30. New tariffs make it impossible to offer at the price ...