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STOCKHOLM (Reuters) - Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is ...
Volvo Cars plans to cut $1.8 billion in costs while it continues to explore how it'll boost production at its Berkeley County ...
European auto giants reported a sharp drop in first-quarter profit and suspended and cut full-year financial guidance. The ...
Volvo’s EX30 faces U.S. tariff hurdles, and CEO Hakan Samuelsson tackles a major turnaround as the brand fights to regain ...
The total amount of the cost-cutting at Volvo, according to a recent report from Automotive News on the matter, is estimated ...
Volvo wants to build a high-volume hybrid model in the United States. The automaker's Ridgeville plant in South Carolina ...
The company launched a plan that aims to deliver 18 billion Swedish kronor in cost and cash savings to protect profitability.
Following the introduction of tariffs from the United States, one major luxury car brand came forward with some unfortunate ...
Volvo Group said its so-called “cost and cash action plan” would include reductions in investments and redundancies at its operations across the globe.
Hakan Samuelsson says the new model is likely to be an SUV, but he will meet with U.S. dealers to get feedback before Volvo ...
Volvo Car AB is embarking on an 18 billion Swedish kronor ($1.87 billion) cost cutting program to counter tepid demand and ...
Stock markets mostly advanced Tuesday as investors assessed the impact of tariffs on corporate earnings and digested a report ...