Volvo Cars said it has scaled back its U.S. model lineup this year, among the first examples of a major automaker halting U.S. shipments as President Donald Trump's tariffs make it harder to sell a br
Sweden's Volvo Cars said on Wednesday it would start producing its XC60 mid-size SUV in its plant in South Carolina, United States from late 2026.
Sweden-based Volvo Cars will book a one-off, non-cash impairment charge of 11.4 billion Swedish crowns ($1.19 billion) in the second quarter, it said on Monday.
Volvo Cars now expects to reach large-scale production at its factory being built in Slovakia in early 2027, rather than in 2026 as previously planned, a spokesperson at the Sweden-based company said
Volvo Cars sold 62,858 cars in June, down 12% from a year earlier, the Sweden-based company said on Wednesday.
SANTA CLARA, Calif.--(BUSINESS WIRE)--GlobalLogic Inc., a Hitachi Group Company and leader in digital engineering, has announced it has been selected in Volvo Cars' partnership ecosystem as one of the
GOTHENBURG, Sweden , July 1, 2025 /PRNewswire/ -- The Volvo Research and Educational Foundations (VREF) has awarded doctor Björn Nykvist, Senior Research Fellow and Team Leader in Energy and Industri

New number of votes in AB Volvo

07:12am, Monday, 30'th Jun 2025
GOTHENBURG, Sweden , June 30, 2025 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 175,000 Series A shares to a total of 175,000 Series B shares. The co

Deals of the day - Mergers and acquisitions

04:22pm, Tuesday, 24'th Jun 2025
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
Volvo's Construction Equipment (CE) unit said on Tuesday it will sell its 70% stake in China's Shandong Lingong Construction Machinery Co to a fund primarily owned by minority owner Lingong Group for

New Strong Sell Stocks for June 20th

07:02am, Friday, 20'th Jun 2025
VLVLY, CARS and FINW have been added to the Zacks Rank #5 (Strong Sell) List on June 20, 2025.
European truckmaking rivals AB Volvo and Daimler Truck hope to cut costs and reduce reliance on suppliers by jointly developing a software-defined vehicle program, they said on Tuesday.
CAT and VLVLY face near-term headwinds, but Caterpillar's stronger ROE and U.S. tailwinds may give it an edge.
NOIDA, India--(BUSINESS WIRE)-- #AI--HCLTech today announced that Volvo Cars has chosen HCLTech as one of its strategic suppliers for engineering services.
SHIPPENSBURG, Pa.--(BUSINESS WIRE)--As part of a global investment to support growing demand, Volvo Construction Equipment is expanding production capabilities in Shippensburg, Penn.
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