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

Volvo Cars, which is majority-owned by China's Geely, said in a statement sales of fully electric cars fell 32% to account ...

STOCKHOLM--Volvo Car said global sales fell 11% on year in April. The Swedish automaker, which is majority-owned by China's Zhejiang Geely Holding Group, sold 58,881 cars in April, down from 65,838 in ...

Volvo Cars announced 18 billion Swedish crowns ($1.87 billion) in cost cuts and a restructuring of its U.S. operations on ...

Volvo Group said its so-called "cost and cash action plan" would include reductions in investments and redundancies at its ...

The Swedish firm has said that it is no longer providing financial guidance for 2025 and 2026, with job losses expected ...

Li began making strategic overseas acquisitions early on, buying Sweden’s Volvo Car Co. from Ford Motor in 2010. Geely's purchase of a 49.9% stake in Malaysia’s Proton gave it a 51% stake in ...

Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of working with Chinese majority owner Geely to cut costs with attempting to ...

Volvo Cars sold 58,881 cars in April, down 11% from a year earlier, the Sweden-based company said on Monday. Volvo Cars, ...

STOCKHOLM (Reuters) - Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of working with Chinese majority owner Geely to cut costs ...