Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
Monday, 26 May 2025 () Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China's Geely Holding, announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last month. Volvo…
The new Volvo XC70 mid-size SUV is Volvo Cars first extended-range plug-in hybrid. It provides a pure electric range of up to 200 kilometres*, making it Volvo Cars’ longest-range plug-in hybrid to..
Volvo Cars and its Ghent manufacturing plant reached a crucial milestone today as the company’s factory in Belgium started production of the fully electric EX30 small SUV.
One of Europe’s..
Volvo Cars revealed the new Volvo S90 – more elegant and comfortable than ever with a comprehensive suite of high-end technology and design updates.
The exterior conveys a contemporary look that..
Monday, 26 May 2025 ()
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![Refreshed Volvo S90 Design preview [Video]](https://video.newsserve.net/300/v/20250421/1408646086-Refreshed-Volvo-S90-Design-preview.jpg)
