Volvo B Aktie News

Swedish truck maker AB Volvo plans to slow down the pace of production at its Tuve plant in Gothenburg and cut 250 jobs at the facility, local daily Goteborgs-Posten reported on Tuesday, citing a company spokesperson.

Volvo Cars has invested in UK startup Breathe Battery Technologies and will use its battery software to cut charging time for its next generation of electric vehicles by 30%, the two companies said on Tuesday.

GOTHENBURG, Sweden , March 11, 2024 /PRNewswire/ -- The Volvo Group has signed an agreement according to the previously announced Letter of Intent with Westport Fuel Systems Inc to establish a joint venture to accelerate the commercialization and global adoption of Westport's High Pressure Direct Injection (HPDI™ ) fuel system technology for long-haul and off-road applications. The closing of t...

Volvo Cars' sales fell 2% in February from a year earlier to 50,315 cars, the Sweden-based group said on Tuesday, pointing to the timing of the Lunar New Year in China as an explanation for the decline.

Volvo Group today published the Annual Report for 2023 on www.volvogroup.com. GOTHENBURG, Sweden , Feb. 29, 2024 /PRNewswire/ -- "During 2023 dedicated colleagues across the Volvo Group worked hard to keep our customer commitments and reduce the lead times as we delivered from the backlogs of vehicles and machines that have been extended since the pandemic.

Luminar Technologies shares tumbled about 10% on Wednesday after the self-driving sensor maker's fourth-quarter results missed estimates on delayed production schedule for Volvo Cars' new EX90 electric SUVs.

GOTHENBURG, Sweden , Feb. 27, 2024 /PRNewswire/ -- Volvo Group Venture Capital AB has invested in Zacua Ventures Builders Fund I, L.P. - a global venture capital fund focused on early-stage technology for the construction industry.

Shares of Volvo Cars fell on Friday after the company said it would dilute its stake in electric vehicle maker Polestar.