The company's chief executive warned automotive industry is in "the middle of a challenging period" after confirming the news ...

Sweden. Of course, this assertion isn’t without any precedent; Volvo has long been at the forefront of car-safety development. For example, the brand was the first to offer a traditional three ...

Sweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the ...

The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...