
Volvo Goes All-In on EV Growth With $2 Billion Restructuring Plan to Tackle Tariffs and Market Turbulence
Volvo Cars is making bold moves to protect its future and accelerate growth in a rapidly changing global auto industry. The Swedish automaker just announced a massive $2 billion (SEK 18 billion) restructuring strategy, designed to cut costs, streamline operations, and withstand the economic impact of rising tariffs — particularly those introduced under Donald Trump’s…