Swedish automaker Volvo Cars said Tuesday that it was pausing operations at a battery factory under construction, dismissing all 75 workers there, after failing to find a partner for the business.

The Sweden-based automaker posted a substantial drop in fourth-quarter profit, citing tariffs, currency effects and weak ...

RIDGEVILLE, S.C. (WCBD) – Volvo Cars announced Tuesday that its Ridgeville factory will expand production in the coming years, adding new models and upgraded technology that leaders say will ...

STOCKHOLM (Reuters) -Volvo Cars said on Thursday it was targeting a long-term operating profit margin of more than 8% as part of its strategy overhaul, which includes reworking its electrification ...

Volvo wants to build a high-volume hybrid model in the United States. The automaker's Ridgeville plant in South Carolina builds just two cars now: the Volvo EX90 and Polestar 3. The XC60 and XC90 ...

EV maker Polestar (PSNY) said on Thursday that it will manufacture its Polestar 7 SUV, slated for launch in 2028, at a Volvo Cars factory in Kosice, Slovakia. The company said that it has signed a ...

Behind Volvo’s biggest launch in more than a decade lies more than new range figures. With the EX60, the carmaker is signalling a strategic shift in the fight against BMW, Mercedes and Tesla.