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Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of hundreds of layoffs in three states amid market uncertainty and recent tariffs. Volvo Group ...
Volvo Group’s North American truck operations are set to lay off about 1,000 employees in the coming weeks, CEO Martin Lundstedt said April 23. Lundstedt dropped the bombshell in the final ...
The Volvo Group will be laying off up to 800 workers from three US-based plants. The company blames market uncertainties and the tariffs imposed by the US. Orders for heavy-duty trucks are down ...
Volvo Trucks North America, based in Greensboro, has confirmed plans to eliminate up to a combined 980 production jobs at plants in Maryland, Pennsylvania and Virginia in response to “market ...
DUBLIN, Va. – By the end of June, hundreds more employees at Volvo Trucks New River Valley plant in Dublin will be without a job. The company announced a second round of layoffs late last week.
Truck maker Volvo VOLV.B1.85%increase; green up pointing triangle cut its forecast for North America’s truck market amid increasing uncertainty about U.S. tariffs and regulatory changes ...
Swedish heavy truck maker, Volvo Group, on Wednesday announced a 30-per-cent drop in net profit in the first quarter as vehicle sales fell by nine per cent due to uncertainty over trade tariffs.
Truck maker Volvo has reported a bigger-than-expected fall in first-quarter profit and lowered its North America lorry market outlook, pointing to increased uncertainty around tariffs and their ...
DUBLIN, Va. (WDBJ) - A new round of layoffs is headed for the Volvo Trucks New River Valley plant in Dublin, according to a spokesperson for the company. “Heavy-duty truck orders continue to be ...
Volvo Group and its subsidiary Mack Trucks confirmed recent layoffs at some East Coast facilities, impacting hundreds of employees, as the companies are the latest to cut workers while citing the ...
Swedish heavy truck maker Volvo Group on Wednesday posted a 30-percent drop in net profit in the first quarter as vehicle sales fell by nine percent on uncertainty over trade tariffs. “Recent ...
Volvo EX30 production is underway in Belgium. It got caught in tariff crossfire between China, Europe and the U.S, forcing the automaker to fast-track its European production plan. The EX30 is one ...