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

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

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 ...

Polestar paused its 2025 forecast on Wednesday as it braces for a potential hit from sweeping tariffs that threaten to roil ...

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

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

The automaker's Ridgeville plant in South Carolina builds just two cars now: the Volvo EX90 and Polestar 3.

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.

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

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 ...