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VW readies its next-gen EV underpinnings, Volvo slashes 3,000 jobs, and BYD cuts prices for the wrong reasons.
Dwindling sales of Tesla's most important EV, plus job losses and manufacturing shake-ups. It's all happening in today's Morning Shift.
Volvo CEO Håkan Samuelsson stated that most of the increased costs from higher U.S. tariffs would ultimately be passed on to consumers. His remarks are being interpreted as a signal of potential price ...
The Swedish car giant has revealed it will cut 3,000 white-collar jobs as it battles against the slowdown of EV sales across the globe and poor April sales figures.
A MAJOR car brand is facing a “challenging period,” with a huge restructuring plan set to axe 3,000 jobs in a bid to cut ...
Volvo will cut 3,000 jobs to reduce operating costs, as it grapples with tariffs imposed on Europe, among other challenges.
Swedish automaker Volvo is set to cut 3,000 white-collar jobs amid restructuring efforts as prices begin to rise due to ...
The compact electric Volvo EX30 has finally arrived on our shores. But is it the car we really wanted? Ask us all about it.
Toyota has joined the race for humanoid robot factory workers. But the Japanese carmaker pledges the robots will augment human employees, not replace them, all while unleashing a wave of productivity ...
Not to be confused with the all-electric and new EX90, the XC90 has been Volvo’s biggest and most luxurious SUV offering.
Swedish luxury vehicle manufacturer Volvo Cars has announced job cuts to the extent of 3,000 as a direct result of the company's restructuring plan due to pressure of high costs, slowdown in electric ...
Sweden's Volvo Cars said Monday it would cut 3,000 jobs, or around 15 percent of its office-based workforce, as part of a $1.9 billion cost-cutting plan announced last month amid tough market ...