US EditionProduction at Volvo Ridgeville Facility Expected to Resume After Temporary Pause
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5 Articles
Production at Volvo Ridgeville facility expected to resume after temporary pause
RIDGEVILLE, S.C. (WCBD) – Production at Volvo’s Ridgeville facility is expected to start back this weekend after a temporary pause, officials said Friday. Local production was temporarily paused at the end of last week due to a supply chain issue, according to a Volvo Cars spokesperson. The car manufacturer has been working to resolve the issue and said production is expected to resume this Saturday. U.S. Rep. Jim Clyburn took to X addressing th…
Volvo announces 3,000 layoffs due to trade war pressure and global crisis. The automotive industry is reeling and competition and import tariffs are making things worse.
Steel Industry: Volvo Sending Steel Demand Warnings?
In late April, Swedish automaker Volvo announced plans to cut up to 3,000 jobs, or about 15% of its workforce, as part of a restructuring plan. Since then, steel industry insiders have pointed to the event as a potential warning sign for demand. According to statements from Volvo Cars CEO Håkan Samuelsson released on May […]
The automobile sector is entering survival mode with a new wave of layoffs that already surpass the elimination of 36,000 jobs in Europe. The last to join the job restructurings has been the Volvo car manufacturer, which will cut 3,000 jobs globally, which accounts for about 15% of the total workforce of the company’s offices, as part of its action plan to reduce costs and cash. Nissan, Volkswagen, Audi, Ford or Northvolt have also been forced t…
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