Sweden hopes the European Union and China can reach a pricing deal on electric vehicles soon, its foreign trade minister told Reuters at the end of a visit to China to try to limit the damage to Volvo
GOTHENBURG, Sweden , Nov. 7, 2024 /PRNewswire/ -- Volvo Penta announced a follow-on investment in UtilityInnovation Group (UIG), a USA and Ireland based company specializing in resilient, innovative u

Volvo Cars October sales rise 3% year-on-year

03:06am, Monday, 04'th Nov 2024
Volvo Cars' sales rose 3% year-on-year in October to 61,686 cars, the Sweden-based automaker said on Monday.
The Swedish premium automakers will begin offering NACS adapters for their 2025 model year electric SUVs starting on Nov. 18.
Volvo Cars said on Wednesday it will invoke its right to acquire Northvolt's shares in their battery joint venture, NOVO Energy, after Northvolt failed to meet its financing obligations.
Volvo AB, a leading truck and machinery manufacturer, is currently overvalued at 270 SEK/share, making it a "Hold" with a target price of 255 SEK/share. VLVLY has strong fundamentals, an excellent cre
Volvo Cars CEO Jim Rowan said the company is facing slower demand in Europe, the U.S. and China.
Sweden-based Volvo Cars reported a rise in third-quarter operating profit on Wednesday but cut its full-year sales growth forecast amid accelerating market weakness.
AB Volvo (publ) (OTCPK:VLVLY) Q3 2024 Trading Update Conference Call October 18, 2024 3:00 AM ET Company Participants Johan Bartler - Head of IR Martin Lundstedt - CEO Mats Backman - CFO Conference Ca
Swedish truck manufacturer AB Volvo (VOLVb.ST) has reported a larger-than-anticipated decline in quarterly adjusted earnings and is predicting stagnant demand for the coming year, reflecting a notable
Swedish truck maker AB Volvo reported on Friday a bigger drop than expected in third-quarter adjusted operating profit and said demand continued to normalise in most of its
Swedish automaker Volvo Cars on Wednesday announced deputy CEO Björn Annwall will step down from his current role as part of a management reshuffle. It comes shortly after Volvo Cars abandoned its ne
Volvo Cars is undergoing a management overhaul as Bjorn Annwall, the Chief Commercial Officer and Deputy CEO, plans to exit the company. After nine years with Volvo, Annwall will temporarily remain to
Volvo Cars said on Wednesday its deputy CEO Bjorn Annwall will leave the group as part of a reorganisation designed to increase simplicity, speed and collaboration and reduce complexity in the organis
Mark Fields, former Ford CEO and CNBC contributor, joins 'Money Movers' to discuss how disruptive the port strike is for automakers, the rising inventory levels for automakers, and the idea that U.S.
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