Beginning of 2024 volvo managers from EU had a planned visit to volvo US that they were not looking forward to. The reason was that volvo US was very vocal about how pro trump they were because he was "good for business".
this post was submitted on 20 Apr 2025
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How stupid are these people? Why does anyone think Trump is good for business?
What’s the source for that?
Direct source.
Link then?
Direct as in personal. As in being in the room.
The company, part of Sweden's AB Volvo VOLVb.ST
Which is co-owned by AB Industrivärden and China’s Geely. And Volvo has been leaning hard on Geely for electrification / batteries. All of that stuff if going to be hit extra hard by the tariffs.
Bummer, Volvo is making some compelling alternatives to Telsa’s shit. Better build quality, Google Automotive + CarPlay, industrial design that isn’t boring as fuck.
None of this would have ever happened if they released half life 3.
Actual article title (now, as it may have been changed).
Volvo Group prepares for 800 layoffs across three US sites amid tariff challenges
Volvo Group plans to lay off as many as 800 workers at three U.S. facilities over the next three months due to market uncertainty and demand concerns in the face of President Donald Trump's tariffs, a spokesperson said on Friday.
Volvo Group North America said in a statement it has told employees it plans to lay off 550-800 people at its Mack Trucks site in Macungie, Pennsylvania, and two Volvo Group facilities in Dublin, Virginia and Hagerstown, Maryland.