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Volvo Cars to cut costs by $1.9 billion

Reuters on MSN · 3d

Trump tariffs force Volvo Cars to drop guidance, launch cost cuts

Volvo Cars announced 18 billion Swedish crowns ($1.87 billion) in cost cuts and a restructuring of its U.S. operations on Tuesday and withdrew its earnings forecast for the next two years, sending shares down 10%.

Bloomberg · 4d

Volvo Car Eyes $1.87 Billion in Cost Cuts to Protect Profits

Volvo Car AB is embarking on an 18 billion Swedish kronor ($1.87 billion) cost cutting program to counter tepid demand and trade tensions weighing on the auto industry.

The Post and Courier · 2d

Volvo wants to build another car in SC while cutting nearly $2B in costs globally

Volvo Cars plans to cut $1.8 billion in costs while it continues to explore how it'll boost production at its Berkeley County plant to counter new auto tariffs.

6hon MSN

Volvo Owner Sues Claiming Hybrid Recall Destroyed His SUV’s Value

Read: Volvo Tells Thousands Of Plug-In Hybrid Owners To Stop Charging. Saleh currently owns a 2020 Volvo XC60 and claims he ...

3d

Troubled by Trump's tariffs, Volvo Cars' new CEO turns to Chinese owner Geely

Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of ...

Fleet Equipment Magazine1d

Right Powertrain, Right Job: Volvo Engines to Meet Specific Application Demands

Volvo engines power long-haul and regional trucks with optimized performance, fuel efficiency, and application-specific ...

Equipment World1d

Volvo Reveals 5 Next-Gen Large Wheel Loaders with Loads of Features

With a complete redesign of its large wheel loaders, Volvo will launch five next-generation models in 2025: L150, L180, L200 ...

1d

Joaquin Phoenix's Volvo SUV Stolen Outside His L.A. House

Joaquin Phoenix sure wasn't laughing Monday after his car was stolen from his L.A.-area home ... but "The Joker" star could ...

Volvo’s U.S. market struggles continue as CEO looks to revive sales

Volvo’s EX30 faces U.S. tariff hurdles, and CEO Hakan Samuelsson tackles a major turnaround as the brand fights to regain ...

Volvo Trucks’ CARB-24 compliant engine ready for certification (and its new Class 8 trucks)

Built on the Volvo D13 Variable Geometry Turbo engine platform, Volvo Trucks North America leaders expect the new engine to ...

Destination Charged on MSN16h

How Volvo engineers safety into every EV it makes

A father and son joined a group of beachgoers to rescue a stranded great white shark in Ardrossan, South Australia.

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