|Bid||138.30 x 0|
|Ask||138.35 x 0|
|Day's Range||137.95 - 140.90|
|52 Week Range||112.85 - 162.30|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||9.44|
|Forward Dividend & Yield||5.00 (3.29%)|
|1y Target Est||159.27|
Being in a car accident is stressful -- even the smallest bump can send yournerves sky high, and in times of extreme tension it's easy to forget the usualprotocols
SEOUL/BEIJING (Reuters) - Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its EV target of 50 percent of sales by 2025. The agreements follow a series of pacts between Asia-based battery companies and global carmakers, who are planning a $300 billion (232 billion pounds) surge in spending on electric vehicle (EV) technology over the decade. Long-term battery supply arrangements are much-valued by carmakers and investors, as they help to clear supply bottlenecks at a time of soaring demand and hold out the promise of cheaper batteries over time.
BEIJING (Reuters) - China's top battery maker, Contemporary Amperex Technology Co Ltd (CATL), said it had signed a multi-billion dollar battery supply deal with Volvo Car Group. The deal to supply lithium ...
Volvo Car Group has inked a massive multi-billion-dollar supply deal withChinese battery manufacturer CATL and Korea's LG Chem to supply its plannedfleet of electric vehicles
Swedish carmaker Volvo, which is owned by China's Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources. "As a growing company Volvo Cars is constantly reviewing its cost base. This becomes even more important in light of the headwinds the industry is facing and Volvo Cars is now increasing its focus on costs related to staffing and bought services," the company said in an emailed statement.
STOCKHOLM (Reuters) - Swedish carmaker Volvo, which is owned by China's Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources. The carmaker, whose number of employees ...
By Esha Vaish STOCKHOLM (Reuters) - Swedish luxury electric carmaker Polestar, which is jointly owned by Volvo Cars and its Chinese parent Geely, is setting up an R&D centre in Britain to develop future ...
By Scott OldhamWalking into Dogpatch Studios on San Francisco's east side, the Polestar 2sits in the center of the stark industrial space, its 20-inch Continentalsresting on the bare concrete floor
Sweden's Veoneer said on Monday it would seek up to $500 million in new capital to help the maker of electronic car products cope with a downturn in the vehicle market and fund new product development. Shares in the company, which makes radars, visions systems, advanced driver assistance software and autonomous drive software that will benefit from driverless vehicle development, had fallen by 14 percent in Stockholm and New York by 1423 GMT. The company's fund raising would dilute holdings of existing shareholders by up to 17.6 percent, based on its U.S.-listed market capitalisation of $2.34 billion at Friday's close.
It has a few annoying quirks, but it's undoubtedly the best entry-level luxury crossover on sale. The Volvo XC40 compact crossover is the culmination of Volvo's revamped lineup under Geely, creating what is unquestionably the best entry-level luxury crossover on sale today. There are a few things Volvo is historically known for.
Swedish carmaker Volvo's quarterly profit fell by 19.3 percent, the company said on Thursday, blaming pricing pressure and higher tariffs arising from the trade war between the United States and China. Volvo's fortunes have been revived since it was bought by China's Geely in 2010 but have come under renewed threat with the car sector facing one of its most challenging periods due to trade conflicts, hefty bills to develop electric and driverless cars, and an overall downturn in the industry. The company, which aims to produce premium cars to rival Daimler's Mercedes-Benz and BMW, has rejigged its global production plans in an effort to blunt the impact of increased tariffs.
Volvo Group reported a large increase in its first-quarter profit, but truck orders decreased sharply, led by a 77 percent drop in North America. Net sales increased by 20 percent to SEK 107.2 billion ...
Truckmaker AB Volvo beat first-quarter profit forecasts on Wednesday as it sold more higher priced vehicles and margins benefited from an easing of supply chain bottlenecks for components such as engines and gear boxes. The Swedish company, which sells trucks under brands Volvo, Mack, Renault and UD Trucks, was also upbeat about demand trends in North America, sending its shares as much as 4.6 percent higher, although it kept its overall 2019 forecasts unchanged. Volvo has enjoyed buoyant trade in recent years as truck buyers renewed fleets starved of investment during the last downturn, but its forecast for lower demand in China and Europe this year had fuelled concerns the cycle may have peaked.
Volvo Trucks North America recalled 14,009 2018-2020 VNL and VNX heavy-duty trucks because the adhesive bond between the glass and hinge of the sleeper bunk window may detach and fall from the vehicle. If this occurs, the window could strike another vehicle or person, increasing the likelihood of an injury or crash, according to a report filed with the National Highway Traffic Safety Administration (NHTSA). A number of contributing factors may cause the window to detach from the vehicle, including "the quality of the adhesion between the hinge and glass, the size of the mechanical fasteners that are redundant and driving the vehicles with the windows open," NHTSA said.
In a vote Wednesday, the European Parliament ratified draft rules by the European Commission, the bloc’s executive body, which endorse WiFi technology pushed by VW, General Motors Co., and Volvo Group. The European Council of member states still have a say on the draft rules and could decide to veto it.