As tariffs continue to cause uncertainty in the automotive industry, Volvo is cutting jobs and raising prices. Though tariffs ...

Volvo Cars has announced layoffs at facilities in Sweden and the U.S. amid a “challenging period,” officials said.

Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in ...

The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...

Volvo Cars said May 26 that its cutting 3,000 positions, many in its homeland of Swenden, under a cost-reduction program ...

The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its ...

Most of Volvo Cars’ vehicles for the US market, which last year accounted for 16% of group sales, are imported from Europe.

CEO Hakan Samuelsson also said consumers, not Volvo, would have to absorb the cost of tariff-related price increases ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces ...

Volvo's Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases.

A German court on Monday convicted four former Volkswagen managers of fraud and gave two of them prison sentences for their ...

Volvo is inching closer to unveiling its upcoming XC70. Before that happens, photos of the model appeared on China's MIIT ...