VW readies its next-gen EV underpinnings, Volvo slashes 3,000 jobs, and BYD cuts prices for the wrong reasons.

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 ...

Volvo Cars customers will likely bear the brunt of increasing trade tariffs, CEO Hakan Samuelsson said this week, as the ...

Volvo, which is majority-owned by Chinese auto group Geely, has had success in the local EV market in 2024. Its EX30 was the ...

Volvo will cut 3,000 jobs to reduce operating costs, as it grapples with tariffs imposed on Europe, among other challenges.