Volvo Cars to axe 1,300 jobs in Sweden as it steps up cost cutsWhile the group's efficiency drive had begun to show results, more was needed, Chief Executive Jim Rowan said in a statement. "Economic hea...
04 May, 2023, 05.04 PM IST
- Ford sells Volvo unit to China's Geely for $2 bn
Geely wants to gain insights into Western vehicle development and manufacturing through buying a European brand.
24 Dec, 2009, 03.59 AM IST
- Volvo Group to cut more than 1,500 jobs in Sweden
Sweden's struggling Volvo Group, which has announced thousands of layoffs in recent months, said Wednesday it would slash another 1,543 job...
22 Apr, 2009, 03.11 PM IST
- Volvo Cars in deal with staff to cut pay
Ford-owned Volvo Cars AB on Thursday said it has entered an agreement with employees to cut pay in a move to reduce costs by nearly 500 mil...
12 Mar, 2009, 04.42 PM IST
- Volvo board pulls back proposal for higher bonuses
The board of directors of Swedish truck maker Volvo AB on Wednesday withdrew a proposal to raise bonus limits for the company's top executi...
05 Mar, 2009, 01.08 AM IST
- Volvo Group reports big loss but share price soars
Swedish truck maker Volvo Group on Friday reported a net loss in the fourth quarter in the face of crumbling demand, which it said would re...
06 Feb, 2009, 10.58 PM IST
- Truck maker Volvo slashes 1,600 jobs in Sweden
Swedish truck maker AB Volvo said on Tuesday it will lay off more than 1,600 employees in Sweden as it slows production amid falling demand...
13 Jan, 2009, 09.12 PM IST
- Daimler decides not to buy Volvo from Ford: Report
German car giant Daimler has decided not to buy Swedish-based Volvo Cars from ailing US Ford.
03 Jan, 2009, 08.23 PM IST
- Volvo to cut 1,000 jobs in Sweden, North America
Swedish truck and bus maker Volvo AB says it will lay off 1,000 staff at its powertrain unit in Sweden and North America.
11 Nov, 2008, 06.53 PM IST
- Volvo lays off 600 employees in Sweden, Belgium
Volvo AB says it will lay off 600 more workers at plants in Sweden and Belgium due to declining demand in Europe.
29 Oct, 2008, 10.05 PM IST
- Volvo announces 850 job cuts in construction equip unit
Swedish heavy vehicles maker Volvo has announced 850 job cuts in its construction equipment unit following a decline in demand for the prod...
24 Oct, 2008, 03.58 PM IST
- Volvo cuts 850 more jobs at construction unit
Sweden's Volvo AB said on Thursday it planned to slash 850 more jobs at its construction equipment unit because of a slowdown in the market.
23 Oct, 2008, 10.22 PM IST
- Volvo Cars says to cut some 3,000 more jobs
Beleaguered Swedish car maker Volvo, a unit of US auto giant Ford, said Wednesday it planned to cut more than 3,000 jobs in Sweden and abro...
08 Oct, 2008, 03.10 PM IST
- Volvo Cars says to cut some 3,000 more jobs
Volvo said that it planned to cut more than 3,000 jobs in Sweden and abroad in addition to the 2,900 cuts announced earlier this year.
08 Oct, 2008, 01.49 PM IST
- Volvo Cars plans to cut 900 more jobs in 2009
Ford-owned Volvo Cars said on Friday it may have to cut 900 more jobs in Sweden in 2009 as the global car market continues to deteriorate.
12 Sep, 2008, 02.42 PM IST
- Volvo cuts 237 jobs and closes plant, to take charge
Volvo said on Thursday it will cut 237 jobs as it closes a bus body plant in Tammerfors (Tampere), Finland and reorganises operations in Tu...
24 Apr, 2008, 02.03 PM IST
- Ford plans to sell Volvo
Ford Motor is preparing to sell Volvo. Sources suggest the decision to sell Volvo, which is part of Ford’s Premier Automotive Group, was ma...
16 Jul, 2007, 04.59 AM IST