STOCKHOLM: Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns ($1.87 billion) on Tuesday as ...

STOCKHOLM] 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 heavily amid difficult market conditions for the ...

Volvo Group said its so-called “cost and cash action plan” would include reductions in investments and redundancies at its operations across the globe.

Volvo added the cost-cutting program will result in layoffs and withdrew its 2025/ 2026 financial guidance. US President ...

Sweden-based Volvo Cars launched a cost-cutting plan totalling 18 billion Swedish crowns ($1.87 billion) as its operating ...

European stocks opened higher on Tuesday, with results out from HSBC, Lufthansa, Volvo Cars, Adidas, BP, AstraZeneca, ...

A Texas bankruptcy ruling led to the planned shutdown of two hospitals, employing 2,651 people and serving 75,000 patients in ...

Let’s see, President Donald Trump initiated his tariff war which he says will bring more manufacturing jobs back to this ...

The company’s deputy CFO Fredrik Hansson will step into its top financial seat just a month after Håkan Samuelsson rejoined ...