Volvo AB

Earnings data Q1 2021

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Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services. The Trucks segment includes the production, development, and logistics for powertrain and parts. The Volvo Penta segment markets marine and industrial engines. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1927 and is headquartered in Goteborg, Sweden.

STOCKHOLM, Jan. 25, 2021 /PRNewswire/ -- International transport companies face payment challenges in an increasingly globalized world. Both workshops and haulers have a common interest in smooth and secure payment flows to quickly ensure service and repair. As an important partner in one...

Volvo Financial Services chooses Payer to optimize payments and improve the customer experience

GÖTEBORG, Sweden, Jan. 20, 2021 /PRNewswire/ --The Volvo Group report for the fourth quarter 2020 will be published on February 3, 2021 at 7.20 a.m. CET. There will be a conference call for press and analysts starting at 9.00 a.m. CET. An online presentation of the report, followed by a...

Invitation to the Volvo Group report on the fourth quarter 2020

Baidu

Geely Automobile Holdings Ltd

Baidu, Inc (NASDAQ: BIDU) said Sunday it will form an intelligent electric vehicle (EV) company and forge a strategic partnership with Volvo parent Geely Automobile Holdings Limited (OTC: GELYY). What Happened: The Beijing-based internet firm, best known for its eponymous search engine, said it plans to establish a separate company that will make EVs.

Baidu Confirms Joining China EV Fray In Partnership With Volvo-Parent Geely

At Laredo, Texas-based carrier Super Transport International (STI), about 90% of the fleet of 500 vehicles are Volvo trucks. Company founder Ernesto Gaytan Sr. said Volvo makes the “best truck out there.

Volvo Trucks' Mexico exit raises concerns for carriers

Car maker Volvo Cars said on Thursday its sales grew 6% in December, marking a continued sharp recovery from the lows earlier this year in the wake of the pandemic.

Volvo Cars posts 6% December sales rise as recovery continues

Volvo Trucks North America (VTNA) is recalling 7,238 recently built 2021 heavy-duty trucks across four model lines in the U.S. and Canada because the parking brake can inadvertently set. Certain 2021 VAH, VHD, VNL and VNR model vehicles manufactured between July 8 and Dec. 8 may completely release the air brake line while under pressure because of a nonconforming pneumatic pass-through plate damaged during leak testing.

Volvo recalls 7,328 trucks for parking brake issue

The 12% federal excise tax (FET) on new heavy-duty trucks has lots of detractors who think the 103-year-old levy has long outlived its original purpose. That was to defray the costs of America fighting in World War I.

8 questions with Brett Pope, Volvo Trucks electric vehicles director

Volvo Trucks North America said Monday it has discontinued the sale of Class 8 trucks in Mexico, citing the economic disruption caused by the COVID-19 pandemic. “The global business scenario has changed significantly.

Volvo stops selling Class 8 trucks in Mexico

Swedish auto manufacturer Volvo is discontinuing its sale of Class 8 heavy-duty semi trucks in Mexico, local unit Volvo Trucks Mexico said in a statement on Monday, citing fallout from the coronavirus pandemic and changes in the transport industry.

Volvo halts sales of heavy semi trucks in Mexico

Volvo Trucks North America (VTNA) will begin building its regional haul VNR Electric truck on the same assembly line with diesel models in Virginia in early 2021. The electric model is being tested by fleets in Southern California as part of the $44.8 million Volvo-led Low Impact Green Heavy Transport Solutions (LIGHTS) demonstration program.

Volvo readies production of 50-state VNR Electric trucks

The large EV will be built alongside diesel semi tractors at Volvo Trucks' New River Valley assembly plant in Dublin, Virginia starting in early 2021.

Volvo's New VNR Electric Brings Zero-Emission Semis To North America

GREENSBORO, N.C., Dec. 3, 2020 /PRNewswire/ -- Volvo Trucks North America today announced the commercial introduction and sales start of its zero tailpipe emission, battery-electric vehicle to the North American market. The Class 8 Volvo VNR Electric truck model has a scheduled production...

Volvo Trucks Introduces the Volvo VNR Electric Model in the U.S., Canada

Swedish automaker Volvo may have switched to selling fully electric vehicles by 2030, its CEO Hakan Samuelsson said at the Financial Times Future of the Car Summit today. We saw Samuelsson's comments via Forbes.

Volvo may be electric-only by 2030, its CEO said

Samuelsson said he'd be shocked if Volvo wasn't a pure EV maker by 2030, with the company already planning to be halfway there by 2025.

Volvo Cars To Be All-Electric By 2030

GÖTEBORG, Sweden, Dec. 1, 2020 /PRNewswire/ -- Volvo Group Venture Capital AB has invested in Flock Freight, a technology company based in Solana Beach, California, that pools shipments to fill unused trailer space. The company uses algorithms to match multiple LTL (less than a truckload)...

Volvo Group Venture Capital invests in digital service for shared truckloads

SoftBank Group Corp

Everyday thousands of trucks carry freight along U.S. highways, propelling the economy forward as consumer goods, electronics, cars and agriculture make their way to distribution centers, stores and eventually households. It's inside these trucks — many of which sit half empty — where Flock Freight, a five-year-old startup out of San Diego believes it can […]

Softbank, Volvo back Flock Freight with $113.5M to help shippers share the load

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint, one of the world's largest electric vehicle (EV) charging networks, and Volvo Car USA LLC are working to make the charging experience seamless for drivers of Volvo Cars' Recharge models and provide support for its retail network. The announcement comes just ahead of the launch of the Volvo XC40 Recharge pure electric SUV across North America. ChargePoint will support Volvo Cars retail networks across the United States and Canada and provide opport

ChargePoint and Volvo Cars Team Up to Offer Charging Solutions for US and Canadian Drivers

Swedish car dealership chain Bilia has received notice of termination for its dealer agreements with Volvo Cars in Sweden and Norway, it said late on Monday.

Volvo Cars to terminate dealer agreements with Bilia

GÖTEBORG, Sweden, Nov. 17, 2020 /PRNewswire/ -- Volvo Group Venture Capital AB has invested in Adnavem, an online marketplace for freight services. Adnavem offers unbundled door-to-door transport with a present focus on Asia and Northern Europe. Adnavem, which was founded in 2017 and is...

Volvo Group Venture Capital invests in new marketplace for freight

Subaru Corp

More wagon than crossover, the 2020 Subaru Outback, and 2020 Volvo V60 Cross Country occupy a unique niche in the market. Here's how they compare.

Kelley Blue Book: How do the Subaru Outback and the Volvo V60 Cross Country compare?

Johan Wångblad Brings Vast Experience from Leading Swedish Carmaker to Terranet Team That's Rapidly Expanding

Volvo Veteran Joins Terranet AB as CFO

Volvo had very bad news for about 54,000 owners of its cars. According to the National Highway Traffic Safety Administration, the driver side airbags in S60 and S80 sedans from the 2001 through 2003 model years can rip open and push metal fragments toward the driver.

Volvo's Big Quality Problem

Volvo USA is recalling 54,124 vehicles after an airbag defect has been linked to a fatal incident, according to Bloomberg. What Happened: The unit of Geely Automobile Holdings Ltd.

54,000 Volvo Vehicles Recalled After Fatality Connected To Air Bag Defect

Metal fragments from an exploding air bag inflator killed the driver of an older Volvo, touching off a U.S. recall of up to 54,000 cars, regulators said Saturday.

Air bag fragments kill Volvo driver, touching off recall

Volvo Cars is recalling 54,000 U.S. vehicles for an air bag defect after a report of one crash death, according to a filing with U.S. regulators.

News for Volvo AB Stock (VLVLY)