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At Close: Jul 31, 2026
Volvo's Q3 earnings fall short: stagnant demand raises alarm for future growth
07:31am, Friday, 18'th Oct 2024
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
Truck maker Volvo's Q3 adjusted profit falls more than expected
01:28am, Friday, 18'th Oct 2024
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
Sweden's Volvo says deputy CEO to step down in management reshuffle as EV demand slows
07:26am, Wednesday, 09'th Oct 2024
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 Faces Leadership Reshuffle Amid Economic Uncertainties
05:50am, Wednesday, 09'th Oct 2024
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 deputy CEO to step down in management reshuffle
02:13am, Wednesday, 09'th Oct 2024
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
Port strike will hurt European automakers even more than domestic producers, says former Ford CEO
11:58am, Thursday, 03'rd Oct 2024
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.
Volvo Trucks Redefines the Trucking Industry in North America with Start of Series Production of the All-New Volvo VNL
10:00am, Thursday, 03'rd Oct 2024
Trucks are assembled at the state-of the-art New River Valley Assembly Plant in Dublin, Virginia Trucks are assembled at the state-of the-art New River Valley Assembly Plant in Dublin, Virginia
Volvo Cars September sales rise 1%
03:14am, Wednesday, 02'nd Oct 2024
Volvo Cars' sales rose 1% year-on-year in September to 62,458 cars, the Sweden-based automaker said on Wednesday.
European automakers most at risk from US dockworkers strike, analysts say
11:39am, Tuesday, 01'st Oct 2024
European automakers are most likely affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could hit the industry
Volvo Group Venture Capital invests in aifleet, an AI-driven trucking company
08:28am, Tuesday, 10'th Sep 2024
GOTHENBURG, Sweden , Sept. 10, 2024 /PRNewswire/ -- Volvo Group Venture Capital AB invests in the U.S.-based company aifleet, a trucking company leveraging its unique AI-technology to reshape the fut
Why Volvo Is Joining Ford And GM In Cutting 2030 EV Production Targets
12:48pm, Thursday, 05'th Sep 2024
Turn up at any car show around the world from Las Vegas to Bangkok, and you are likely to see automaker Volvo brandish its loud and proud electric vehicle (EV) manufacturing credentials.
Volvo Cars cuts margin and revenue aims after ditching electric vehicle target
08:25am, Thursday, 05'th Sep 2024
Swedish automaker Volvo Cars on Thursday trimmed its 2026 margin target and adjusted its revenue goals amid complexity in "global trade and tariffs." Volvo Cars shares were 3.2% higher in early aftern
Volvo Cars lowers profit margin target
02:02am, Thursday, 05'th Sep 2024
Swedish automaker Volvo Cars on Thursday lowered its adjusted profitability target for 2026 and said it aims to continue outgrowing the premium car market until that year, dropping a previous sales ta
Volvo Cars looks to Nvidia-powered software, 'megacastings' for future EVs
01:03am, Thursday, 05'th Sep 2024
Volvo Cars will use a single software system backed by powerful chips from Nvidia for all future models and will rely on "megacastings" to cut costs for electric cars, the company said on Thursday.
Volvo reverses goal to make only EVs in 2030
03:27pm, Wednesday, 04'th Sep 2024
Volvo announced that it's moving away from its goal of making only electric vehicles by 2030 and is now aiming for 90% to 100% of its vehicles to be fully electric EVs plus hybrids.
