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Volvo's Construction Equipment (CE) unit said on Tuesday it will sell its 70% stake in China's Shandong Lingong Construction ...
If you’re in the market for a new Volvo XC90 PHEV or EX90 EV and want to avoid the 2026 price increases, it doesn’t look like there are many tangible differences coming (the XC60, to Volvo’s ...
Volvo CE is spending more than $260 million to expand its production capacity — starting with a $40 million expansion at Shippensburg, PA. Skip to main content. Toggle main menu ...
Volvo Cars’ retail sales decreased by 12% year-on-year in China in the first quarter, with electric vehicles and plug-in hybrids accounting for 10% of this total.
In 2024, Volvo had over 44,000 employees globally, according to Reuters. Roughly 20,000 were white-collar workers. The automaker expects to incur a one-time restructuring cost of 1.5 billion crowns.
Volvo Cars announced worldwide sales of 59,822 cars in May, which was a decrease of 12% compared with the same month in 2024. This was partly due to the company struggling with recently imposed US ...
Volvo has just signed a five-year deal to become the official luxury vehicle of the Boston Red Sox beginning with this ongoing 2025 season. The Swedish carmaker, while celebrating 70 years in the ...
Volvo Cars sold 59,822 cars in May, down 12% from a year earlier, the Sweden-based company said on Wednesday. ... A Volvo logo is pictured in Brussels, Belgium March 4, 2024.
Volvo Cars' shares were up 3.6% by Monday, Reuters reported, with most of the rise coming before the layoff announcement. They are still down 24% year-to-date. Click Here To Read More On Fox ...
Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. ... A logo of Volvo is seen inside a car dealer in Nijmegen, Netherlands February 26, 2025.
FRANKFURT, Germany: Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces challenges from tr ...
COPENHAGEN (Reuters) -Volvo Cars sold 59,822 cars in May, down 12% from a year earlier, the Sweden-based company said on Wednesday. Volvo Cars, which is majority-owned by China's Geely, said in a ...