Volvo announces major cost-cutting measures, including layoffs and reduced investments, to weather industry challenges after a sharp decline in Q1 2025 profits.
Commerce Secretary confirms trade deal with tariff relief for US automakers, aimed at boosting domestic production and protecting American workers.
US job openings and consumer confidence hit lows, signaling weakening labor demand amid economic uncertainty.
Volvo announces major cost-cutting measures, including layoffs and reduced investments, to weather industry challenges after a sharp decline in Q1 2025 profits.
Commerce Secretary confirms trade deal with tariff relief for US automakers, aimed at boosting domestic production and protecting American workers.
US job openings and consumer confidence hit lows, signaling weakening labor demand amid economic uncertainty.