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At Close: Jul 31, 2026
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 Construction Equipment to sell stake in China's SDLG for $837 million
02:30am, Tuesday, 24'th Jun 2025
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
Volvo Group, Daimler look to technology joint venture in bid to save costs
02:36am, Tuesday, 17'th Jun 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.
Volvo Cars and HCLTech Collaborate to Drive Engineering Transformation
08:08am, Thursday, 12'th Jun 2025
NOIDA, India--(BUSINESS WIRE)-- #AI--HCLTech today announced that Volvo Cars has chosen HCLTech as one of its strategic suppliers for engineering services.
Volvo Construction Equipment to Expand Production in North America
10:09am, Tuesday, 10'th Jun 2025
SHIPPENSBURG, Pa.--(BUSINESS WIRE)--As part of a global investment to support growing demand, Volvo Construction Equipment is expanding production capabilities in Shippensburg, Penn.
Volvo Cars sales fall 12% in May
03:04am, Wednesday, 04'th Jun 2025
Volvo Cars sold 59,822 cars in May, down 12% from a year earlier, the Sweden-based company said on Wednesday.
S&P lowers outlook on Volvo Cars rating citing US tariffs, competition in China
06:54am, Friday, 30'th May 2025
S&P on Friday lowered the outlook for its BB+ credit rating on Volvo Cars to "negative" from "stable", saying U.S. tariffs and tougher competition in China were hurting the company's growth prospects.
Volvo Trucks Wins Prestigious Design Award for New North American Truck Model
02:31pm, Thursday, 29'th May 2025
Volvo Trucks North America's new truck model – the all-new Volvo VNL - has earned the 2025 Red Dot Award for Product Design in the commercial vehicles category – a prestigious international honor
Volvo to cut 3,000 jobs amid Trump tariff fight
08:11am, Tuesday, 27'th May 2025
Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in Europe and China.
Volvo Cars to slash 3,000 jobs in white-collar cutback
06:30pm, Monday, 26'th May 2025
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it sai
Volvo Car to Cut Around 3,000 Jobs
07:43am, Monday, 26'th May 2025
The Swedish carmaker warned last month that job cuts were on the way as it launched a plan to cut around $1.9 billion in costs.
Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
07:19am, Monday, 26'th May 2025
The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan. Mikael Sjoberg | Bloomberg | Getty Images Sweden-based automaker Volvo Cars on Monday
Volvo Cars to cut 3,000 jobs in restructuring
07:10am, Monday, 26'th May 2025
Sweden-based Volvo Cars said on Monday it will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand
Volvo latest to warn car prices will rise due to Trump's tariffs on imports
12:52pm, Friday, 23'rd May 2025
Volvo said it could become impossible to import one of its most affordable cars to the US if levies increase.
Volvo Cars CEO says customers must pay for rising tariffs
08:21am, Friday, 23'rd May 2025
Volvo Cars CEO Hakan Samuelsson told Reuters on Friday that the company's customers would have to pay a large part of tariff-related cost increases.
