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Volvo Cars announced 18 billion Swedish crowns ($1.87 billion) in cost cuts and a restructuring of its U.S. operations on ...
STORY: Shares in Volvo fell over 10% on Tuesday morning after first-quarter profit tumbled.The automaker further spooked ...
European luxury brands Porsche and Volvo issued new tariff warnings on Tuesday as they reported collapsing profits.
Volvo Cars cited a planned inventory reduction, as well as wider global auto industry turbulence as reasons for its lagging ...
Volvo Group said its so-called “cost and cash action plan” would include reductions in investments and redundancies at its ...
Let’s see, President Donald Trump initiated his tariff war which he says will bring more manufacturing jobs back to this ...
The company’s deputy CFO Fredrik Hansson will step into its top financial seat just a month after Håkan Samuelsson rejoined ...
Greensboro-based Volvo Group North America to lay off almost 1,000 but local operations not impacted
Volvo CEO explains the factors behind the decision to reduce its workforce in three states while sparing its Greensboro headquarters from job cuts.
Volvo Trucks North America, based in Greensboro, has confirmed plans to eliminate up to a combined 980 production jobs at ...
Volvo Group, the parent company of Mack Trucks, is cutting its forecast for truck sales in North America as it grapples with ...
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