Business
Volvo cars' sales volumes drop 7% in November-January period in challenging market
Sweden-based Volvo Cars sold 177,830 cars in the November-January period, down 7 per cent from the same period a year earlier, it said on…
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Volvo
Business
Volvo Cars to cut 3,000 jobs in restructuring
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a…
Politics
Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would…
News
Volvo Cars sales fall 11% in April as fully electric cars slump
Volvo Cars reported on Monday (May 5) an 11 per cent decrease in April sales to 58,881 cars from a year earlier, sending its shares down.…
Business
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
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…
Business
Volvo Cars sales fall 10% in March as fully electric sales dive
Volvo Cars sold 70,737 cars in March, down 10 per cent from a year earlier as sales of fully electric cars tumbled, the Sweden-based…
News
Volvo becomes latest carmaker to scale back electric ambitions, eases goal to at least 90% by 2030
FRANKFURT, Germany (AP) — Sweden-based Volvo Cars has eased off on its pledge to stop selling cars with internal combustion motors by…