Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of hundreds of layoffs in three ...

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 ...

Volvo added the cost-cutting program will result in layoffs and withdrew its 2025/ 2026 financial guidance. US President ...

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 CEO explains the factors behind the decision to reduce its workforce in three states while sparing its Greensboro headquarters from job cuts.

Volvo is planning to lay off hundreds of employees across multiple states due to a combination of factors, including tariffs ...

STOCKHOLM: Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns ($1.87 billion) on Tuesday as ...

Volvo Group’s North American truck operations are set to lay off about 1,000 employees in the coming weeks, CEO Martin Lundstedt said April 23. Lundstedt dropped the bombshell in the final ...

Virginia's unemployment rate ticked up to 3.2% last month, an increase of nearly a half a percentage point from a year earlier, and a Volvo truck factory in Southwest Virginia just announced a second ...