Volvo Cars customers will likely bear the brunt of increasing trade tariffs, CEO Hakan Samuelsson said this week, as the ...

Volvo will cut 3,000 jobs to reduce operating costs, as it grapples with tariffs imposed on Europe, among other challenges.

A MAJOR car brand is facing a “challenging period,” with a huge restructuring plan set to axe 3,000 jobs in a bid to cut ...

Dwindling sales of Tesla's most important EV, plus job losses and manufacturing shake-ups. It's all happening in today's Morning Shift.

Volvo CEO Håkan Samuelsson stated that most of the increased costs from higher U.S. tariffs would ultimately be passed on to consumers. His remarks are being interpreted as a signal of potential price ...

Swedish automaker Volvo is set to cut 3,000 white-collar jobs amid restructuring efforts as prices begin to rise due to ...

The Swedish car giant has revealed it will cut 3,000 white-collar jobs as it battles against the slowdown of EV sales across the globe and poor April sales figures.

VW readies its next-gen EV underpinnings, Volvo slashes 3,000 jobs, and BYD cuts prices for the wrong reasons.

Volvo, which is majority-owned by Chinese auto group Geely, has had success in the local EV market in 2024. Its EX30 was the ...

Android Auto, Google’s smartphone mirroring system for cars, is getting several new features that will breathe new life into ...

Some cars need no introduction, and the humble Mini is the perfect example of that. With a history tracing back to 1959, ...

Volvo has announced plans to cut around 3,000 jobs globally as part of restructuring efforts in the face of high costs, a ...