Volvo Cars plans to reopen its South Carolina plant this weekend, saying Mat 30 that it was forced to halt production over an ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces ...

Volvo Cars plans to lay off 3,000 employees, primarily in Sweden, as part of a cost-cutting initiative driven by economic ...

The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its ...

Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The ...

The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...

Earlier this month Volvo confirmed it was cutting 125 staff from the Ridgeville plant’s 2,500-strong workforce because of the ...

The cuts will affect about 1,200 employees and 1,000 consultants, the automaker said. CEO Håkan Samuelsson said the cuts would help improve the automaker’s cash flow and reduce overall costs.

May 27 (UPI) -- Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan.

Volvo is taking drastic measures in response to new tariffs, announcing mass layoffs and a sales delay. Learn how these ...

Volvo Cars has announced layoffs at facilities in Sweden and the U.S. amid a “challenging period,” officials said.