Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring as the automaker grapples with high costs, a slowdown in electric vehicle demand and uncertainty over trade tariffs.
May 26, 2025 11:33 AM
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GM to invest $4 billion in 3 U.S. factories to build gasoline, electric vehicles
The automaker did not break out the amount to be invested in each plant, but said June 10 the dollars will go to Orion Assembly in Michigan, Fairfax Assembly in Kansas and Spring Hill Manufacturing in Tennessee.
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