Let’s see, President Donald Trump initiated his tariff war which he says will bring more manufacturing jobs back to this ...

The "25% Tariff" Is Reshaping the US Auto Industry. According to Xinhua News Agency, the 25% tariff on imported vehicles announced by US President Trump officially took effect on April 3. In response, ...

The company’s deputy CFO Fredrik Hansson will step into its top financial seat just a month after Håkan Samuelsson rejoined ...

Volvo CEO explains the factors behind the decision to reduce its workforce in three states while sparing its Greensboro headquarters from job cuts.

On what Donald Trump called Liberation Day, he unveiled a sweeping 25 percent tariff on any car or part that isn’t made in ...

Despite signs of improvement earlier in the year, freight analysts are now starting to predict a prolonged freight recession ...

Volvo Group, the parent company of Mack Trucks, is cutting its forecast for truck sales in North America as it grapples with ...

Mack Trucks announces hundreds of layoffs at one facility. Find out why the truck manufacturer said it needed to make the cuts.

As Trump angrily shifts blame for his tariffs amid new signs of worsening damage from them, economic commentator Heather Long ...

Layoffs at Mack Trucks’ Lehigh Valley Operations facility in Macungie, Pennsylvania, are also due to market uncertainty surrounding freight rates and demand, a Mack Trucks spoke ...

As part of its response, Gothenburg, Sweden-based firm stated that the job cuts will roll out over the next three months, affecting workers at Mack Trucks in Macungie, Pennsylvania, and other Volvo ...

Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of layoffs in three states amid ...