Volvo Cars provides update on cost and cash turnaround plan On July 17, Volvo Cars announced that its SEK 18 billion cost and cash turnaround plan is fully on track and the company is confident about more positive effects from the programme. The reduction of 3,000 jobs worldwide is going into execution, and around 1,100 employees have already left the company. This will help reduce expenses and create a leaner, more efficient organization. Volvo ...

News  Updated at: 2025/07/18

Volvo Cars to begin XC60 production in Ridgeville, South Carolina in 2026 On July 16, Volvo Cars announced it will add its best-selling XC60 mid-size SUV, in both mild hybrid and plug-in hybrid form, to the production line at its assembly plant in Ridgeville, South Carolina.  XC60 production is scheduled to start at the U.S. plant in late 2026, joining the fully electric Volve EX90 flagship and Polestar 3 SUV. The XC60 has been the company’s b...

News  Updated at: 2025/07/17

Volvo Cars cuts 15% of U.S. headquarters workforce amid general cutbacks Volvo Cars has cut about 15% of its commercial workforce in the U.S. as the company battles recent market headwinds. Volvo eliminated about 60 jobs, mostly at its Mahwah, New Jersey, headquarters, according to a person familiar with the matter. Some of the cuts were made through attrition. Volvo’s U.S. field staff is not affected. “Volvo Cars is taking measures to become...

News  Updated at: 2025/07/11

Volvo Cars partners with Polestar to jointly develop Polestar 7 at Kosice Plant in Slovakia On July 3, Volvo Cars and Polestar signed a memorandum of understanding (MoU) to jointly develop and produce Polestar’s upcoming premium compact SUV, Polestar 7, at Volvo’s new manufacturing facility in Kosice, Slovakia. The Polestar 7 is expected to launch in 2028. If final agreements are reached, it will be the second model produced at the Kosice pla...

News  Updated at: 2025/07/03

Volvo Cars announces XC60 as new best-selling model ever On June 25, Volvo Cars announced that the XC60 has become the best-selling model in the company’s history, surpassing the iconic Volvo 240 with over 2.7 million units sold globally since its 2008 debut. Initially produced in Europe and later in China, the XC60 gained popularity for its safety, comfort, and Scandinavian design. Its current generation introduced PHEV variants and was the to...

News  Updated at: 2025/06/26

Volvo Cars opens EX30 pre-sales in Brazil at 2025 Interlagos Festival On June 12, it was reported that Volvo Car Brasil is showcasing two upcoming models at the Festival Interlagos 2025, including the debut of the EX30 Cross Country in a pre-sale campaign. The EX30 is expected to arrive at dealerships in September. Equipped with dual electric motors and all-wheel drive, the SUV delivers 428 hp and 543 Nm of torque, accelerating from 0 to 100 km/h...

News  Updated at: 2025/06/14

Volvo CEO considers U.S. production of XC60 in Ridgeville, South Carolina On June 2, Volvo Cars CEO Hakan Samuelsson spoke about the company’s plant in Ridgeville, South Carolina, and production plans going forward amid tariffs on imported cars. “We want to bring in something rather fast, and something selling in good numbers, so something midsize core is a good guess,” Samuelsson said, giving his strongest hint yet that the new model for t...

News  Updated at: 2025/06/05

Euro NCAP rates 9 cars on assisted competence and safety backup On May 21, Euro NCAP announced ratings of 9 vehicles based on assistance competence and safety backup. The lineup includes Kia EV3, MAZDA CX-80, MG ZS, Porsche Macan, Renault 5, Tesla Model S, Toyota bZ4X, Volvo EX30, and XPENG G9. Kia EV3 (with 74%), Porsche Macan (with 85%), Renault 5 (with 73%), and Toyota bZ4X (with 83%) all earned a ‘Very Good’ rating in Euro NCAP’s Assist...

News  Updated at: 2025/06/04

Volvo Car USA announces 2026 hybrid lineup with tech upgrades On June 2, Volvo Car USA announced details for the company’s 2026 lineup of hybrid vehicles in the U.S., including the introduction of two major tech upgrades and updates to one of its best-selling SUVs.   For the 2026 model year, every new Volvo car will come equipped with its next-generation user experience, Volvo Car UX. Already seen in the EX90, EX30, and new XC90, Volvo Car UX ...

News  Updated at: 2025/06/03

Volvo Cars CEO says customers will pay for rising U.S. tariff costs On May 23, Volvo Cars CEO Hakan Samuelsson said that its customers would have to pay a large part of tariff-related cost increases, and that it could become impossible to import one of its most affordable cars to the U.S. if levies increase. U.S. President Trump said on May 23 that he was recommending a straight 50% tariff on goods from the EU starting June 1. Samuelsson said tha...

News  Updated at: 2025/05/24

Volvo to start production of heavy-duty electric trucks at Wacol plant, Australia On May 15, Volvo Group Australia announced that it will begin manufacturing the first-ever Australian-made heavy-duty electric trucks at its Wacol facility in Brisbane, Australia in 2026, expanding Australia’s manufacturing capabilities.  The announcement comes as Volvo delivers ten heavy-duty electric trucks to Linfox, the largest delivery from Australia’s big...

News  Updated at: 2025/05/15

thway to zero emissions, with sessions titled “Decarbonisation – Don’t Waste the Next Decade” and “How to Decarbonise Your HGV Fleet” emphasizing the rapidly shrinking time-frame for scaling up zero-emission technologies. Representatives from the SMMT, the Department of Transport, Ford, Volvo Trucks, DAF Trucks UK, and Alexander Dennis (to name but a few) discussed the challenges and opportunities in adopting battery-electric, hydroge...

News  Updated at: 2025/05/12

Volvo begins production of fully electric BZRT articulated and bi-articulated buses in Brazil On May 8, Volvo Group announced the beginning of producing of its fully electric BZRT articulated and bi-articulated buses exclusively at its Curitiba plant in Brazil, which is now ready to export to BRT systems worldwide.The bi-articulated BZRT is 28 meters long, can carry up to 250 passengers and emits zero CO2 with low noise levels. It is powered by t...

News  Updated at: 2025/05/09

Volvo Cars to cut South Carolina plant workforce by 5% amid trade tensions On May 7, Volvo Cars said it will make production changes and cut 5% of the workforce at its U.S. plant due to changing market conditions and evolving trade policies, including tariffs. A Volvo spokesperson said the changes would affect 125 of the 2,500 employees at its plant in Ridgeville, South Carolina. It was not immediately clear which positions would be affected or h...

News  Updated at: 2025/05/08

Volvo Cars unveils images of all-new XC70 D-SUV with extended-range PHEV On May 7, Volvo Cars unveiled the all-new XC70 model which is Volvo's first extended-range plug-in hybrid midsize SUV, offering up to 200 km of electric-only driving — the longest for any Volvo hybrid so far. It’s built on Volvo’s new SMA (Scalable Modular Architecture) platform, designed for premium plug-in hybrids. The XC70 will launch in China later this year, with ...

News  Updated at: 2025/05/07

EVs. Specifically, the export volumes were 67,307 units for BYD; 16,376 units for Chery; 8,802 units for Geely; 7,669 units for SAIC Motor Passenger Vehicle; 5,731 units for SAIC-GM-Wuling; 4,701 units for Tesla China; 4,271 units for Spotlight Automotive; 3,764 units for Leapmotor; 3,254 units for Volvo Cars Asia-Pacific; 3,127 units for Great Wall Motor; 3,103 units for XPeng; 2,292 units for Dongfeng Motor Corporation; 2,205 units for Changan ...

News  Updated at: 2025/04/11

Volvo vows to boost U.S. production after 25% tariffs imposed On April 3, newly reinstated Volvo Car CEO Hakan Samuelsson said that his company will have to increase the number of cars it builds at its plant in Ridgeville, South Carolina, including the addition of another model, after U.S. President Trump raised tariffs on imported automobiles. Volvo already builds EX90 and Polestar 3 electric vehicles in Ridgeville, and “will have to look clos...

News  Updated at: 2025/04/04

months. Stellantis sales were down 7.2% for the fifth consecutive month, and Tesla’s sales were down 4.8% for the fifth consecutive month, as both automakers continued their declines. In March, Toyota's sales increased 7.5% y/y, its first in four months. The RAV4 compact crossover SUV, a popular model in the U.S. market, faced supply shortages in mid-March. Honda's sales up 13.3%, Nissan was up 7.8% and Subaru maintained positive sales for the...

News  Updated at: 2025/04/02

Volvo introduces 7800 electric model in Mexico On March 14, Volvo Buses introduced the Volvo 7800 Electric in Mexico, designed for the Bus Rapid Transit (BRT) sector.   The new electric bus comes in articulated and bi-articulated versions, both built on Volvo’s versatile BZR electromobility platform. The bi-articulated model, measuring 25.6 meters in length, can accommodate up to 300 passengers, while the articulated version has a capacity for...

News  Updated at: 2025/03/21

Volvo Trucks unveils all-new VNR for North America On March 11, Volvo Trucks announced the launch a completely new Volvo VNR for the North American regional haul market. Built on Volvo’s new platform at the Volvo Trucks New River Valley Plant in Dublin, Virginia, the new truck will go on sale in the coming months. The launch of the all-new VNR for the regional transport segment marks the second truck model on Volvo’s all-new platform, followi...

News  Updated at: 2025/03/12