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Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of layoffs in three states amid ...
STORY: Shares in Volvo fell over 10% on Tuesday morning after first-quarter profit tumbled.The automaker further spooked ...
Volvo Group North America said they informed their workers on Thursday that hundreds of employees are being laid off at three ...
Volvo Cars cited a planned inventory reduction, as well as wider global auto industry turbulence as reasons for its lagging ...
Volvo Group's layoffs are the latest response from a car and truck industry that is reeling from the Republican president's tariffs on certain parts.
Volvo Group said its so-called “cost and cash action plan” would include reductions in investments and redundancies at its operations across the globe.
Volvo Cars is not in great shape. After posting record sales and profits last year, the Swedish automaker is going into a ...
Sweden-based Volvo Cars launched a cost-cutting plan totalling 18 billion Swedish crowns ($1.87 billion) as its operating ...
Volvo Group plans to lay off up to 800 workers at three U.S. facilities over the next three months, citing declining demand ...
Volvo CEO explains the factors behind the decision to reduce its workforce in three states while sparing its Greensboro headquarters from job cuts.
DUBLIN, Va. (WDBJ) - A new round of layoffs is headed for the Volvo Trucks New River Valley plant in Dublin, according to a ...
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 ...