Volvo Car AB ADR (VLVCY)
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Volvo 'definitely not' exiting U.S. market completely, says CEO
Håkan Samuelsson, CEO of Volvo, discusses the automaker's half-year earnings and explains the impact of tariffs on the business.
Volvo Cars books $1 bln impairment charge due to launch delays, tariffs
Sweden-based Volvo Cars will book a one-off, non-cash impairment charge of 11.4 billion Swedish crowns ($1.19 billion) in the second quarter, it said on Monday.
Volvo Cars sales fall 12% in May
Volvo Cars sold 59,822 cars in May, down 12% from a year earlier, the Sweden-based company said on Wednesday.
Volvo to cut 3,000 jobs amid Trump tariff fight
Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in Europe and China.
Volvo Car to Cut Around 3,000 Jobs
The Swedish carmaker warned last month that job cuts were on the way as it launched a plan to cut around $1.9 billion in costs.
Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan. Mikael Sjoberg | Bloomberg | Getty Images Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive.
Volvo latest to warn car prices will rise due to Trump's tariffs on imports
Volvo said it could become impossible to import one of its most affordable cars to the US if levies increase.
Volvo Cars to cut 5% of workforce at South Carolina plant in the US
Volvo Cars said on Wednesday it would cut 5% of the workforce at its Charleston plant in South Carolina in the United States due to changing market conditions and trade policies, including tariffs.
Volvo Cars sales fall 11% in April
Volvo Cars sold 58,881 cars in April, down 11% from a year earlier, the Sweden-based company said on Monday.
Volvo Car Pulls Guidance, Launches Plan to Soften Tariff Blow
The company launched a plan that aims to deliver 18 billion Swedish kronor in cost and cash savings to protect profitability.
Volvo Profit Slumps on Lower Sales, Deliveries as Tariff Uncertainty Mounts
The truck maker's earnings fell sharply, missing analysts' expectations, as sales declined 7% and deliveries fell 12% amid increasing uncertainty about U.S. tariffs.
Truck maker Volvo's Q1 profit lags expectations
Swedish truck maker AB Volvo reported a bigger-than-expected fall in first-quarter operating profit on Wednesday and lowered its North America truck market outlook for 2025.
