Volvo News Monitoring

Layoffs hit up to 350 more workers at Volvo Trucks plant in Virginia

“Heavy-duty truck orders continue to be negatively affected by market uncertainty about freight rates and demand, possible regulatory changes, and the impact of tariffs,” a Volvo spokeswoman said. (Photo: Jim Allen/FreightWaves) Volvo Trucks North …

Volvo reported a drop in profits amid continued uncertainty over tariffs

Volvo reports profits down amid ongoing tariff uncertainty Volvo said its net profit fell to €910 million in the first three months of 2025, compared with just over €1.29 billion in the year-earlier period. The decline was due to a 7 percent drop in the …

Volvo Profit Falls in Q1 With Tariffs Clouding Outlook

[Stay on top of transportation news: Get TTNews in your inbox.] Volvo AB’s income declined in the first quarter as uncertainty around U.S. tariffs hit demand for trucks in North America. Operating income fell more than analysts expected to 13.3 billion …

Semi truck fire disrupts traffic on I-65 for hours near DeMotte

DeMOTTE – A fire that apparently started in the brakes of a semi truck laden with aerosol cans turned into a series of explosions on Monday afternoon (April 21) that shut down Interstate 65 and caused extensive damage to the roadway. Around 1 p.m., Indiana …

Tariff Layoff Tracker: Mack Trucks, Volvo Cut Hundreds Of Jobs As Trump’s Levies Pose ‘Market Uncertainty’

Topline Volvo Group and its subsidiary Mack Trucks confirmed recent layoffs at some East Coast facilities, impacting hundreds of employees, as the companies are the latest to cut workers while citing the possible market impact of President Donald Trump’s …

Volvo Group profit drops 30% over US tariff uncertainty

Swedish heavy truck maker, Volvo Group, on Wednesday announced a 30-per-cent drop in net profit in the first quarter as vehicle sales fell by nine per cent due to uncertainty over trade tariffs. “Recent tariffs and other trade restrictions imposed or …

Truck maker Volvo cuts North America market outlook amid tariff uncertainty after Q1 profit falls

By Agata Rybska and Jesus Calero (Reuters) -Truck maker Volvo reported a bigger-than-expected fall in first-quarter profit on Wednesday and lowered its North America truck market outlook, pointing to increased uncertainty around tariffs and their impact on …

Tariffs Take Their Toll on Trucking

Trucking companies are beginning to bear the burden of President Donald Trump’s tariffs on U.S. trade partners, and are cutting headcount and seeing decreased volumes as a result. Volvo Group North America could be laying off as many as 980 employees …

Volvo layoffs at Hagerstown-area plant take effect in early May

Volvo Group plans to lay off 50 to 100 workers at its Hagerstown-area plant. The layoffs are indefinite and attributed to market uncertainty, potential regulatory changes and the impact of tariffs. The Hagerstown plant currently employs around 1,800 people …

Volvo FH Aeros Deliver For Ian Craig Haulage

SUPPLIED BY VOLVO TRUCKS. Falkirk-based Ian Craig Haulage has taken delivery of its first new Volvo trucks for a decade, buying two FH Aero Globetrotter 6×2 mid-lift tractor units. They join a 70-strong fleet and will operate on long-haul routes to …

Volvo to cut hundreds of jobs amid tariff-related market challenges

Volvo is planning to lay off hundreds of employees across multiple states due to a combination of factors, including tariffs implemented during the Trump administration. A spokesperson for the Volvo Group told Scripps News, "Heavy-duty truck orders …

Truck maker Volvo profit falls more than expected, cuts North America market outlook

Volvo Group - The First Quarter 2025

(MENAFN- PR Newswire) GOTHENBURG, Sweden, April 23, 2025 /PRNewswire/ -- "In Q1, the Volvo Group's net sales declined by 7% adjusted for currency movements and amounted to SEK 121.8 billion (131.2). Sales of vehicles were 9% lower than in …

Truck drivers often can't see pedestrians or cyclists - but a London law shows a way forward

IT’S A DECADE since Victoria Lebrec was run over by a truck while cycling to work in London in 2015. She lost her leg in the incident.  “I am certain that had the vehicle had better direct vision, or been fitted with some of the additional safety equipment …

Volvo to lay off 250-350 workers in Pulaski

Volvo plans to lay off 250 to 350 workers at its Pulaski County facility in June, according to John Mies, a spokesperson for Volvo Group North America. Between 300 and 450 employees will also be laid off at the company’s Mack Trucks Lehigh Valley …

Volvo to lay off up to 800 U.S. workers due to market uncertainty

Volvo Group is planning to lay off up to 800 workers at three U.S. facilities over the next three months, citing declining demand and uncertainty tied to President Donald Trump’s trade policies. The cuts will affect roughly 550 to 800 employees at the …

Michigan autoworkers speak on tariffs as Stellantis pauses production of Jeep Grand Cherokee in Detroit

Workers arrive for second shift at Detroit Assembly Complex - Jefferson April 4, 2025 US autoworkers remain on pins and needles amid uncertainty over the impact of the trade war launched by President Trump against the rest of the world. While many of Trump …

DPS: Pedestrian dies after struck by semi-trailer on I-40

One person died after being struck by a semi-trailer on Interstate 40 near Amarillo Wednesday night in Potter County, authorities said. Jessica Hall, 36, of Copperas Cove, Texas, was pronounced dead at the scene from the injuries she sustained in the crash …

DPS identifies woman killed after being hit by semi at I-40, Arnot Rd

AMARILLO, Texas (KVII) — The Texas Department of Public Safety identified the pedestrian who was hit by a semi and killed on eastbound I-40 on Wednesday night. It happened at about 9:16 p.m. when 36-year-old Jessica Hall, of Copperas Cove, walked into the …

iLending Appoints Cedric Moore as Director of Lender Relations to Strengthen Credit Union Partnership

iLending Appoints Cedric Moore as Director of Lender Relations to Strengthen Credit Union Partnerships Amidst $1.7 Trillion Auto Refinance Opportunity ENGLEWOOD, CO, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- iLending, a national leader …

AALimousine and Sedan Expands Premium Chauffeur Services to Maryland

Washington D.C.’s trusted chauffeur service now serves Maryland, offering corporate, event & leisure transport in Annapolis, Bethesda & Rockville. VIENNA, WA, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE RELEASE …

EV Initiative Partners with Catstrap to Protect Mission Hills EV Chargers

EV Initiative teams with Catstrap to install DyeDefender anti-theft locks on 20 DCFC stalls at Mission Hills hub, boosting uptime ahead of Q2 2026 launch. LOS ANGELES , CA, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- EV Initiative, a …

My Auto Doctor Joins Automotive Management Network to Enhance Industry Collaboration

My Auto Doctor joins the Automotive Management Network, strengthening its connection with leading industry professionals and best practices in auto repair. ODESSA, TX, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- My Auto Doctor Joins …

Integrated Automotive Services Launches New Online Booking Platform for Vehicle Service

Integrated Automotive Services now offers convenient online appointment scheduling with AutoOps, streamlining service booking for customers in Easton, PA. EASTON, PA, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Integrated Automotive …

Global Immigration Partners Launches Comprehensive Golden Visa Services for Dubai Investors and Professionals

Global Immigration Partners has officially launched a dedicated service platform to help clients secure the prestigious Dubai Golden Visa. DUBAI, UNITED ARAB EMIRATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Global Immigration Partners, a leading name in …

ISM 2025: A Historic Gathering of Global Ministers Poised to Usher in a New Phase of the Gospel Mandate

ISM 2025: A Historic Gathering of Global Ministers Poised to Usher in a New Phase of the Gospel Mandate LAGOS, LAGOS , NIGERIA, April 25, 2025 /⁨EINPresswire.com⁩/ -- The International School of Ministry (ISM), founded by Pastor Chris Oyakhilome …

Major Achievements for Sub Tales

Achieved NY Times Best Seller and Amazon Book of the Year NASHUA, NH, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Frank and Charles Hood, the authors of “Poopie Suits & Cowboy Boots” and eight more titles about the US Submarine Force history …

Dimerco’s May Freight Report Highlights Trade Realignments, Air Capacity Shifts, and Ongoing Tariff Uncertainty

Dimerco’s May report reveals how tariffs, shifting trade routes, and capacity cuts are reshaping global freight flows and logistics strategies. TAIPEI, TAIWAN, April 25, 2025 /⁨EINPresswire.com⁩/ -- The May 2025 edition of Dimerco Express Group’s Asia- …

Automotive Brake Valve Market Set for Steady Growth, Projected to Reach USD 25.5 Billion by 2035

The automotive brake valve market is set for steady growth, driven by advanced braking systems, safety regulations, and the rise of autonomous vehicles. NEWARK, DE, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The automotive brake valve market is …

EPC-RPU: AI-Powered Embedded System for Automation, Retail, and Healthcare

TAIPEI, TAIWAN, April 25, 2025 /⁨EINPresswire.com⁩/ -- Avalue Technology Inc. (TAIEX: 3479-TW), a global leader in industrial computing solutions, has officially announced its latest high-performance embedded system EPC-RPU, featuring the Intel® …

Decision Pulse AI By office solution : An GEN AI solution which outperform McKinsey BCG and BAIN consultant

GURUGRAM, HARYANA, INDIA, April 25, 2025 /⁨EINPresswire.com⁩/ -- Office Solution is excited to announce the availability of Decision Pulse AI on Microsoft AppSource, the trusted marketplace for business-ready applications. Built to empower …

CHINAPLAS 2025 Concluded with Impressive Results - Over 280,000 Industry Elites Gathered at the Stage of Innovation

SHENZHEN, CHINA, April 25, 2025 /⁨EINPresswire.com⁩/ -- CHINAPLAS 2025 successfully wrapped up on April 18 with 281,206 visitors (an increment of 13.29% compared to CHINAPLAS 2023 in Shenzhen) in 4 days. Among them, visitors from overseas countries …

SAG HOLDINGS LIMITED CHANGE ITS NAME TO INNEOVA HOLDINGS LIMITED

Corporate Rebranding Marks New Era of Engineering Excellence and Sustainable Solutions SINGAPORE, April 25, 2025 (GLOBE NEWSWIRE) -- SAG Holdings Limited today announced that it has changed its name to INNEOVA Holdings Limited (“INNEOVA Holdings” or the “ …

Raja Limousine Introduces Luxury Black Car and SUV Service in Suffolk County, Long Island, New York

"Luxury Black Car & SUV Service for Suffolk County, Long Island, NY" SUFFOLK LONG ISLAND, NY, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Raja Limousine Offers Luxury Black Car and SUV Service in Suffolk County, New York …

Gentex Reports First Quarter 2025 Financial Results

ZEELAND, Mich., April 25, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today reported financial …

PONY AI Inc. and Tencent Cloud Announce Strategic Partnership to Advance Autonomous Driving Technology and Robotaxi ...

SHANGHAI, China, April 25, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, announced a strategic partnership with Tencent Cloud and Smart …

Country Music Group July Moon Set to Launch New Music Video 'The Highway' Featuring Nascar's Ryan Ellis

LOS ANGELES, CA, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Nashville's own country music group July Moon is now ready to announce the official premiere of their anticipated music video, “The Highway,” featuring popular NASCAR …

Aardvark Automotive Receives Prestigious BBB President's Award

45 years of exceptional service and unwavering integrity earn Amarillo's trusted auto repair shop BBB's highest honor AMARILLO, TX, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Aardvark Services, Inc., DBA Aardvark Automotive, a leading …

Taiwan Semi’s New 1,200V and 1,600V Rectifiers Meet Automotive-Quality Standards

HS1Q (1,200V) and SxY Series (1,600V) AEC-Q101-qualified high-voltage rectifiers are ideal for transportation and non-automotive applications BREA, CA, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Taiwan Semiconductor, global supplier of …