EV Startup Rivian Hires Volvo Veteran Varela as Operations Chief
New Number of Votes in AB Volvo
News & Media New number of votes in AB Volvo Press release New number of votes in AB Volvo 2024-04-30 AB Volvo The number of votes in AB V
Express News | Volvo EX30 debuts in China at Beijing Auto Show and opens pre-orders
Hertz Loses Another $200 Million From Its EVs
Volvo Car Earnings Missed But Margins Continued to Improve -- Market Talk
Volvo Car revenues missed consensus by 5.7% while Ebit before income from associates missed by 4.9%, but margins showed the expected improvement, Stifel analysts say in a note.
Volvo Cars See Good Demand This Year After Higher Q1 Unit Sales
SWEDISH carmaker Volvo Cars said on Wednesday (Apr 24) it expects good demand for its vehicles this year after a rise in first-quarter unit sales, though operating earnings missed forecasts due to lower revenues and losses at its Polestar business.
Volvo Car Earnings Missed Across the Board -- Market Talk
Volvo Car first-quarter revenue, Ebit and free cash flow all missed expectations, Jefferies analysts say in a note.
Volvo's Q1 revenue increased 8% year over year and demand is expected to remain strong in the next few quarters
Gronghui, April 24 | Swedish car manufacturer Volvo Cars announced first-quarter results on Wednesday. Excluding joint ventures, joint ventures and one-time businesses, revenue for the quarter increased 8% year-on-year to SEK 6.8 billion (US$6292.7 million). Unadjusted operating profit fell to SEK 4.7 billion from SEK 5.1 billion in the same period last year, and profits declined due to negative exchange rates and falling contract manufacturing sales. Volvo's gross margin of electric vehicles was 16%, up from 13% in the previous quarter. The company's CEO Jim Rowan said in a statement that it is expected in the next few quarters
Polestar Launches Polestar Phone for $1,020
Polestar is giving away a free Polestar Phone to customers who purchase the updated Polestar 4. The post Polestar launches Polestar Phone for $1,020 appeared first on CnEVPost. For more articles, please visit CnEVPost.
Luminar Unveils New Compact Lidar Sensor Halo, Tie-up With Applied Intuition
US stocks close | “Black Friday” for tech stocks! S&P indicated six consecutive declines, Nvidia plummeted 10%, and Netflix plummeted 9%
The Dow rose twice in a row. The constituent stock, American Express, rose more than 6% after the earnings report; the China Securities Index fell 1%, Ideal Auto fell 9.6%, and NIO fell 5%.
Express News | According to the credit disclosure documents, Geely sold Volvo Class B shares at a total price of SEK 14.1 billion.
Sponsor-driven Innovation: a People-centric Approach
News & Media Sponsor-driven innovation: a people-centric approach Press release Sponsor-driven innovation: a people-centric approach 2024-04-19
Volvo Car Malaysia Celebrates 97th Birthday With Special Deals for Customers
Volvo Car Malaysia will host the Volvo Birthday Sale to celebrate the marque's 97th anniversary this month, offering the grand birthday prize of a trip to Sweden for two worth up to RM50,000.
Express News | Geely plans to clear Volvo Class B shares worth US$1.3 billion
Geely to Sell $1.32 Billion of Volvo Truck Shares
China’s Zhejiang Geely Holding Group is selling the entirety of its Class B shares in truckmaker Volvo AB that were worth about 14.46 billion Swedish krona ($1.3 billion).
Express News | Geely Sweden sold 49.5 million Volvo Class B shares.
Volvo Defies Downturn With Strong Start to the Year -- Market Talk
1357 GMT - Volvo reported solid 1Q results with a beat on earnings, strong truck profitability and good cash generation, defying the industry downturn, Deutsche Bank analyst Nicolai Kempf writes. Orde
Volvo, CATL Sign Partnership on Battery Recycling and Material Reuse
Volvo Cars signed a memorandum of strategic cooperation with Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) on April 16 to work together in the area of battery recycling.
Express News | Volvo Cars and Ningde Times sign a memorandum of strategic cooperation
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