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 is not in great shape. After posting record sales and profits last year, the Swedish automaker is going into a ...

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

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

Sweden-based Volvo Cars launched a cost-cutting plan totalling 18 billion Swedish crowns ($1.87 billion) as its operating ...

The company’s deputy CFO Fredrik Hansson will step into its top financial seat just a month after Håkan Samuelsson rejoined ...

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

On what Donald Trump called Liberation Day, he unveiled a sweeping 25 percent tariff on any car or part that isn’t made in ...

Volvo Trucks North America, based in Greensboro, has confirmed plans to eliminate up to a combined 980 production jobs at ...