Under the stewardship of recently re-appointed CEO Håkan Samuelsson, Volvo Cars will devolve more power to its businesses in ...

Novo Energy, the battery subsidiary of Swedish automaker Volvo Cars, will terminate 50% of its workforce-approximately 150 employees-as part of a drastic cost-cutting strategy triggered by the ...

Because the central display doesn't default to the rearview image when selecting reverse in certain scenarios, Polestar will ...

Volvo Cars will lay off about 125 workers from its Ridgeville, SC, plant. The auto manufacturer makes the EX90 electric SUV ...

Despite slashing over 100 jobs, Volvo told Reuters that the US remains an important part of its long-term strategy and it’s ...

Layoffs at Volvo and its battery firm Novo Energy highlight the uncertain economic conditions automakers face in 2025.

Volvo said it plans to create 4,000 more jobs in South Carolina later on and will also seek to increase the factory’s output.

Moody’s Ratings has today adjusted the outlook for Volvo Car AB (ST: VOLCARb) (Volvo (OTC: VLVLY) Cars) to negative from stable, while affirming Volvo Cars’ Ba1 corporate family rating (CFR). The ...

A spokesperson for the luxury car brand said the changes would affect about 125 of the 2,500 employees at its factory in ...

The Swedish brand has made a difficult decision regarding employees at its factory in Charleston, South Carolina. Volvo Cars ...

The Swedish brand made a difficult decision regarding employees at the factory in Charleston, South Carolina, USA. Volvo Cars ...

Volvo's CEO said he wants to add production of a high-volume hybrid to the company's Ridgeville, South Carolina, plant, which ...