Volvo to cut up to 800 US jobs as Trump's tariffs bite

Citing tariffs, Volvo North America cutting 800 jobs at Mack Truck and NRV plants

The company has cited “market uncertainty about freight rates and demand, possible regulatory changes, and the impact of tariffs” as key reasons for the layoffs.

Volvo to cut up to 800 US jobs as Trump’s tariffs bite

The automaker plans to lay off workers at three US facilities over the next three months. Read more at straitstimes.com.

Volvo to cut up to 800 US jobs as Trump's tariffs bite

Volvo lays off 800 jobs amid ongoing tariff war

ALBAWABA – Volvo, the Swedish multinational manufacturer of luxury vehicles, has announced the layoff of approximately 800 jobs amid the ongoing tariff war between China and the United States...

Volvo Slashes 800 US Jobs as Trump’s Tariffs Cripple Auto Industry

Volvo Cars announced on April 18, 2025, plans to cut up to 800 jobs at its US manufacturing facility in Ridgeville, South Carolina, citing the severe financial strain caused by President Donald Trump’s escalating tariffs on imported auto parts and vehicles. The Swedish automaker, owned by China’s Geely Holding, stated that the 25% tariffs on non-US passenger cars and light trucks, effective since March 2025, have disrupted its supply chain and i…

On Wednesday, April 2, Donald Trump presented his trade strategy in what he announced as the "Liberation Day." The new tariffs that will change economic relations worldwide. This week the focus is on the fall of the stock exchanges and the pressure of the US on China. Continue reading...