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Automakers

Volvo axes 1,300 jobs as it steps up cost cuts

Volvo Torslanda plant
Production at Volvo's Torslanda plant in Sweden is pictured.
R
By:
Reuters
May 04, 2023 09:06 AM

Volvo will lay off around 1,300 office-based employees in Sweden as it steps up its cost cutting.

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New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

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New Stellantis CEO Antonio Filosa faces series of hurdles
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Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
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By:
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Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
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By:
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FTC seeks to drop one count against Asbury after Trump executive order on disparate impact
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