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Volvo Cars ( OTCPK:VLVOF) ( OTCPK:VLVLY) on Tuesday unveiled cost cuts of 18 billion Swedish crowns ($1.87 billion), and ...
The Swedish carmaker earlier this month brought back Hakan Samuelsson as its chief executive and tasked him with steering the company through strengthening headwinds from U.S. tariffs and intensifying ...
Volvo Car AB is cutting $1.87 bn in costs to counter tepid demand and trade tensions weighing on the auto industry; Porsche now projects return on sales to fall to as low as 6.5%, down from previous g ...
The company launched a plan that aims to deliver 18 billion Swedish kronor in cost and cash savings to protect profitability.
If you are not fully sold on EVs, these hybrid models combine the strengths of electric and combustion propulsion, and are ...
The automotive industry has rushed to cut costs and protect cash flows after the US president imposed a 25 per cent tariff on ...
Volvo Cars is not in great shape. After posting record sales and profits last year, the Swedish automaker is going into a ...
Investors parsed a heavy slate of corporate results for fresh insights into the health of European businesses amid a complex ...
The automaker will not provide financial guidance for this year and 2026 as it fights tepid EV demand and trade tensions, including tariffs, weighing on the auto industry.
Volvo Car AB (ST:VOLCARb) reported a 12% drop in revenue for the first quarter of 2025, hit by challenging market conditions.
Several fleets were recognized for outstanding safety and security practices at a recent conference. Plus, more trucking news ...
Volvo Group said its so-called "cost and cash action plan" would include reductions in investments and redundancies at its ...
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