May 27 (UPI) -- Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan.

The Ford Motor Company sold Volvo in 2010 to Geely, a Chinese company, because Volvo wasn't selling as well as expected ...

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 German court on Monday convicted four former Volkswagen managers of fraud and gave two of them prison sentences for their ...

The Swedish carmaker said on Wednesday that it is now the lead development partner for Android automotive software.