The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan. Volvo Cars said the 3,000 job cuts would primarily impact office-based positions in ...

The combustion-powered XC60 and XC90 are paying the bills while management is still pushing forward with new EVs.

The Säffle facility, long recognized for its manufacturing expertise, has successfully integrated V.A.S.’s advanced ...

Stream NBC 5 for free, 24/7, wherever you are. Swedish automaker Volvo Cars on Wednesday announced deputy CEO Björn Annwall will step down from his current role as part of a management reshuffle ...

GOTHENBURG, Sweden, Nov. 24, 2025 /PRNewswire/ -- Volvo Construction Equipment (Volvo CE) expands its European industrial footprint with a new crawler excavator assembly factory in Eskilstuna, Sweden, ...

At TopSpeed, William Clavey is Editor-at-Large, where he focuses on authority and exclusive content, reviews, news articles, features, and opinion pieces all while sharing his passion for everything ...

Volvo and battery specialist Northvolt AB are set to build a new battery plant and research facility in Volvo's home city of Gothenburg, Sweden, for use in Volvo and Polestar vehicles. Construction of ...

Ford wants to sell its Swedish subsidiary Volvo, which has been suffering as a result of the global downturn in auto sales. GM is selling Saab. The automakers are major employers and industrial icons ...

Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China's Geely Holding, ...

Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. Stream Connecticut News for free, 24/7, wherever you are. The move comes after ...