The Japanese company is in a dire position and aims to sell its facility, reportedly worth nearly $700 million, within the ...

The majority of the job cuts will affect office-based positions in Sweden. Volvo Cars said the decision would help to build a ...

Car giant Volvo is trimming its workforce by 15 per cent in radical cost-cutting exercise amid increased uncertainty in the motoring market.

Nissan will use a defunct Ford factory to manufacture EV batteries in an effort to avoid incoming tariffs.

They must find a way to solve them on a very short timeline, and depending on their financial situation, it may be impossible ...