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.

Volvo Group has named a financial services executive to lead its new autonomous solutions unit.

Volvo Group Names Lead For New Autonomous Unit

Volvo AB (NASDAQ: VLVLY) is selling its UD Trucks unit in Japan to Isuzu Motors Ltd.

Volvo Sells Japanese UD Trucks Unit To Isuzu

Chinese-owned Volvo Cars said on Monday it had sold 5 billion Swedish crowns ($519 million) of convertible preference shares to a group of Swedish investors to replace an issue of preference shares of the same size that had matured.

Volvo Cars refinances $500 million worth of preference shares with Swedish investors

Chinese-owned Volvo Cars said on Monday it had issued convertible preference shares worth 5 billion crowns ($519 million) to a group of Swedish institutional investors.

Volvo Cars issues SEK 5 billion of preference shares to Swedish investors

Building on sales of electric trucks for urban transport in Europe, Volvo Trucks (NASDAQ: VLVLY) has developed electric concept trucks for construction operations and regional distribution.

Volvo Trucks Creates Electric-Powered Construction Concepts For Europe

Volvo Group Venture Capital has invested in Autotech Ventures, a venture capital firm located in Silicon Valley.

Volvo Invests In Silicon Valley Transport Start-Up Fund

Volvo is making an investment in Palo Alto-based Apex.AI, a startup working on developing a robotic operating system qualified for use in production automobiles. Apex.AI, founded by automated systems engineers Jan Becker and Dejan Pangercic, raised $15.5 million in a Series A last November, and revealed that its focus is on developing an enterprise-focused version […]

Volvo invests in autonomous vehicle operating system startup Apex.AI though its VC arm

Volvo has been a safety pioneer for much of its history, but is now shifting toward luxury buyers and brandishing its commitment to electric energy.

Volvo set the standard in safety, now it's going electric

Volvo Trucks North America will lay off about 700 workers in January, extending an industry pullback in production to match slowing orders of new Class 8 trucks.

Volvo Trucks Will Lay Off 700 Workers In January

Volvo Trucks North America and the Western Star brand of Daimler Trucks North America will recall nearly 3,700 trucks between them for separate steering-related issues that could cause a crash.

Volvo, Western Star Recall Trucks For Steering Issues

Car companies and dealers sometimes make money selling new cars. Usually, they make money on car service.

Volvo Financial Gets Hammered

Volvo Trucks has started selling its "urban" electric trucks in key European markets.

Volvo Rolls Out Electric "Urban" Trucks In Europe

Volvo Trucks North America unveiled its new VNR 660 truck, expanding its offerings for regional-haul applications, on Oct. 28 at the North American Commercial Vehicle (NACV) Show in Atlanta, Georgia.

Volvo Unveils New Regional-Haul VNR 660 Truck

Electric performance car pretender Polestar is going global from day one in a China-funded gamble which makes Tesla seem like a bunch of conservative, shrinking-violets.

Volvo’s Polestar Electric Car Will Take On The World In 2020

United Auto Workers (UAW) suspended a two-week-long strike after reaching a tentative deal with Volvo’s (VOLVb.ST) Mack Trucks on Thursday, both parties said.

UAW, Mack Trucks agree tentative deal, suspend two-week strike

Volvo Group Venture Capital is investing in an Israeli automotive cybersecurity startup to help protect its one million "connected assets," which it claims exceeds any competitor.

Volvo Ventures Invests In Cybersecurity Startup To Protect Its Connected Trucks

The United Auto Workers and AB Volvo-owned Mack Truck are set to resume contract negotiations on Monday as at least 3,500 hourly employees across three states continue to strike.

Thousands of Volvo workers face layoffs as Mack Truck sees first strike in 35 years

Connectivity, electric trucks and autonomous vehicles were highlighted by Peter Voorhoeve, president of Volvo Trucks North America (VTNA) at Transport Expo ANPACT 2019.

Volvo Highlights Electric Trucks And GHG Engines For Mexico Market At Transport Expo ANPACT

AB Volvo (publ) (VOLAF) CEO Martin Lundstedt on Q3 2019 Results - Earnings Call Transcript

AB Volvo (OTC: VLVLY) reported higher third-quarter profits and sales on Friday, October 18.

Volvo Group Forecasts Chill In New Truck Orders As Q3 Earnings Rise

Volvo Group has established a new dedicated business group focused on autonomous transportation, with a mandate that covers industry segments like mining, ports and moving goods between logistics hubs of all kinds. The vehicle maker has already been active in putting autonomous technology to work in these industries, with self-driving projects including at a few […]

Volvo creates a dedicated business for autonomous industrial and commercial transport

Sweden's AB Volvo  on Friday reported a sharp fall in order intake of its heavy-duty trucks in the third quarter and forecast double-digit percentage declines in commercial vehicles markets on both sides of the North Atlantic next year.

Volvo truck orders hit in third-quarter as market demand loses steam

The impact of a United Auto Workers' strike at Mack Trucks will nearly double next week when Volvo Trucks North America lays off about 3,000 employees because of a lack of engines and transmissions that come from a Maryland plant the companies share.

Volvo Trucks Will Lay Off 3,000 Workers Because Of UAW Strike At Mack Trucks

Alphabet

Forget the 200+ miles of range or the sub-five-second 0-60 time, it's the new Google Android operating system that hogs the spotlight on Volvo's first-ever XC40 Recharge EV.

How Google is stealing the show on Volvo’s new EV

As part of a bigger effort to reduce its carbon footprint, Volvo unveiled its first fully electric vehicle at an event in Los Angeles Wednesday.

News for Volvo AB Stock (VLVLY)