Jim Rowan, CEO of Volvo Cars, says his firm has enough production capacity and consumer demand to see through a difficult year of chip shortages and price increases.

Volvo Cars Q1 profit beats forecasts

01:14am, Thursday, 28'th Apr 2022
Volvo Cars reported on Thursday quarterly earnings above expectations and said it expected marginal growth in salesvolumes for the full year 2022 compared to 2021.
Volvo Cars has taken a minority stake in Carwow, the European online car retailer, a Financial Times report said Tuesday (April 26). The Swedish brand is looking at selling half its cars online by 202
Could these automotive stocks be revving higher anytime soon?
AB Volvo (publ) ( OTCPK:VOLAF ) Q1 2022 Results Conference Call April 22, 2022 3:00 AM ET Company Participants Christer Johansson - Head, IR Martin Lundstedt - CEO Tina Hultkvist - CFO Conference Call

Truck maker Volvo profit beats forecast

01:31am, Friday, 22'nd Apr 2022
Swedish truck maker AB Volvo reported first-quarter core earnings well above market expectations on Friday as it juggled strong market demand with a strained supply chain that put a cap on its ability
Volvo, manufacturer of trucks, buses and equipment, did quite well for the FY but there are headwinds on the horizon.
Heavy-duty truck manufacturer AB Volvo is setting aside $423.2 million to cover losses from suspending its business in Russia because of the invasion of Ukraine. Among major truck makers, the Sweden-b
AB Volvo will keep provisions worth 4 billion crowns ($423.23 million) and expects a negative impact on its first-quarter operating income this year due to uncertainty caused by the Russia-Ukraine war
Volvo Cars said on Monday car sales in March fell 22% to 58,677 cars as the automaker faced shortages of a specific semiconductor.
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Just six months ago, Volvo Trucks North America claimed its largest order of Class 8 electric trucks from Maersk Performance Team, the warehousing, distribution and transportation business of the ocea
Volvo Car AB must take more control of the software it develops and deploys in its vehicles, new CEO Jim Rowan told Bloomberg Tuesday (March 29). Rowan, who took the helm at Volvo last week after the
Having ensured the Swedish firm led the switch away from fossil fuels, its former boss is full of praise for Tesla – but has no regrets about filling city streets with SUVs
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