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 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
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
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.
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 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.

Volvo abandons EV target in face of sales slump

10:53am, Wednesday, 04'th Sep 2024
Volvo has abandoned to plans to make only electric-powered vehicles by 2030, with 10% ‘mild hybrids' or petrol-powered cars now part of its schedule. The Swedish icon, which is owned by Chinese grou
Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be "pragmatic and flexible" amid changing market conditions and cooling deman
Volvo Cars said concerns about tariffs, the withdrawal of government incentives, and a lack of charging infrastructure had led to it weakening ambitions it first set out in 2021
Volvo Cars said on Wednesday that plug-in hybrids would continue to be a critical part of its profit growth plans over the next few years and that it would revamp its XC90 hybrid sports utility vehicl

Volvo Cars scales back electric vehicle ambition

08:12am, Wednesday, 04'th Sep 2024
Swedish automaker Volvo Cars said on Wednesday it had abandoned is ambition of selling only fully electric cars in 2030, and would instead allow plug-in vehicles as well as some hybrid engine cars as
Automaker Volvo Cars said on Wednesday it will deliver its EX90 SUV to the first customers before the end of this month after it had experienced extensive delays.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE