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 Cars Stock - Volvo Cars has announced a $1.87 billion cost-cutting plan, including layoffs and restructuring, as its ...

Despite posting record profits last year, Volvo’s financial situation is becoming increasingly grim this year. So it’s ...

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

STOCKHOLM] Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell heavily amid difficult market conditions for the ...

Volvo Group said its so-called “cost and cash action plan” would include reductions in investments and redundancies at its ...

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

European stocks opened higher on Tuesday, with results out from HSBC, Lufthansa, Volvo Cars, Adidas, BP, AstraZeneca, ...