European truckmaking rivals AB Volvo and Daimler Truck hope to cut costs and reduce reliance on suppliers by jointly ...

As tariffs continue to cause uncertainty in the automotive industry, Volvo is unfortunately laying off employees. Though tariffs have yet to be implemented by the United States government ...

Here is an anonymous message from Volvo employees in Sweden. We can’t hold out any longer. We want to live. An anonymous ...

Global uncertainty and domestic policy changes are driving a major shift in how manufacturers approach growth and ...

Rising tariff uncertainty and higher material prices, among other factors, has resulted in several European car companies to ...

DUBLIN — Those in and around Pulaski County’s Volvo truck plant, one of the largest employers in Western Virginia, were coming to terms Tuesday with another announcement of a mass layoff.

Volvo Cars has temporarily halted production at its Ridgeville, South Carolina, facility due to a parts shortage. The plant, which produces the EX90 electric vehicle, faced a short shutdown but was ...

Following the binding joint venture agreements signed on October 28, 2024, Volvo Group and Daimler Truck have obtained all required regulatory approvals and have now launched the new company Coretura.

Volvo Cars is set to cut approximately 3,000 jobs, primarily affecting white-collar employees, as part of a significant restructuring plan. CEO Håkan Samuelsson aims to save $1.9 billion through ...

The layoffs at Volvo and Mack are part of a broader offensive against the working class. Stellantis, GM, and Ford have slashed thousands of jobs since the UAW imposed sellout contracts at the Big ...

The layoffs are part of a $1.9 billion cost-cutting plan announced last month amid tough market conditions. The car manufacturer, owned by Chinese group Geely, said the action plan aimed "to build a ...