Volvo Cars plans to cut $1.8 billion in costs while it continues to explore how it'll boost production at its Berkeley County ...

Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of ...

Swedish car giant Volvo has announced it will embark on a £1.4billion cost-saving drive to 'offset external headwinds', which ...

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

Volvo Car AB (publ.) ( OTCPK:VLVOF) Q1 2025 Earnings Call April 29, 2025 2:00 AM ET Ronojoy Banerjee - Investor Relations Hakan Samuelsson - President and Chief Executive Officer Fredrik Hansson - ...

U.S. President Donald Trump's rapidly changing trade policy and levies of at least 145% on China have forced many automakers, ...

Volvo’s EX30 faces U.S. tariff hurdles, and CEO Hakan Samuelsson tackles a major turnaround as the brand fights to regain ...

Volvo Car AB is embarking on an 18 billion Swedish kronor ($1.87 billion) cost cutting program to counter tepid demand and ...

The company launched a plan that aims to deliver 18 billion Swedish kronor in cost and cash savings to protect profitability.

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

It became reality in corporate Sweden this week as Håkan Samuelsson took over at Volvo Cars. Named as chief executive on Sunday, Samuelsson started two days later with a three-point plan to ...

The total amount of the cost-cutting at Volvo, according to a recent report from Automotive News on the matter, is estimated ...