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

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

Iconic Swedish car maker Volvo will axe jobs from its global workforce and said it would not provide ‘financial guidance’ for ...

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

Polestar paused its 2025 forecast on Wednesday as the electric-vehicle maker braces for a potential hit from sweeping U.S.

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 (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 - ...

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

The corporate updates come shortly after Trump imposed a 25% tariff on automotive imports into the U.S. earlier in the month.

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

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