|Bid||139.95 x 0|
|Ask||140.05 x 0|
|Day's Range||139.35 - 141.10|
|52 Week Range||112.85 - 163.45|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||11.44|
|Forward Dividend & Yield||5.00 (3.66%)|
|1y Target Est||159.27|
Swedish automaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or distracted and intervening to prevent accidents. The safety features, detailed at a briefing in Gothenburg on Wednesday which fleshed out plans outlined earlier this month, mark another step by Volvo toward its pledge to eliminate passenger fatalities by 2020. Volvo, which in the 1950s was the first carmaker to introduce the three-point seatbelt, had said on March 4 it would introduce a 180 km per hour speed limit on all new vehicles.
The Polestar 2 was unveiled ahead of the Geneva motor show via a livestream from Sweden. The automaker wanted more time to chat about the electric vehicle than the typical 15 to 20 minutes allotted at auto shows while also sticking to its environmental ethics and not flying journalists from all over the world to an event. This meant we had to wait until we hit the ground in Geneva to check out the first electric vehicle from (parent brand) Volvo.
Volvo Cars will pay a dividend of 2.9 billion Swedish crowns (235 million pounds) after record sales in 2018, the company said on Thursday, with almost all of it slated to boost the coffers of its debt-laden Chinese parent Geely. The payment comes as carmakers are grappling with the fallout of trade wars, rising costs for developing electric and driverless cars, and an industry downturn that has dented even the most profitable companies. The trade war caused Volvo to postpone plans for a listing last year and generated additional costs to retool its factories to limit the tariff impact.
A "virtual human" suddenly steps out at a blind bend, but the engineer in the Volvo car's driving seat on the test track doesn't flinch, leaving it to software to take evasive action. Private test tracks like the one owned by Sweden's AstaZero are playing an increasing role as manufacturers like Volvo put self-driving cars through their paces following high-profile setbacks on public roads, auto executives say. Automakers and technology companies are locked in a race to bring these vehicles into commercial use by 2022, but their efforts on public roads stumbled last year when an Uber test car hit and killed a pedestrian.
Reports of the death of Chinese car demand have been exaggerated. New car sales fell last year for the first time in almost three decades — eliciting global panic — and have continued to drop into 2019.
Many believe improving vehicle-to-infrastructure technology will help reduce congestion and improve fuel economy of vehicles. Volvo Group put that to a test in conjunction with the state of California along two connected corridors in Carson. The company used two Volvo VNL tractors with prototype Eco-Drive technology that integrated with traffic signals along the route.
Volvo is to be congratulated on limiting the speed of their cars to 180km/h ( March 5 ), but it is hardly leading in this regard. Japanese carmakers have for a long time capped the speed of their domestically ...
Volvo Cars may not sell its high-performance Polestar electric vehicles in the U.S. if Washington slaps tariffs on imports from China, the Financial Times reported Wednesday . The automaker recently revealed its Polestar 2, which executives said is priced competitively with Tesla's Model 3 sedan .
(Reuters) - Volvo Cars, owned by China's Zhejiang Geely Holding Group Co, will not sell its all-electric Polestar models in the United States if the company faces tariffs on exports from China, the Financial ...
Now, a campus in Singapore is set to test a full-sized autonomous bus from Volvo. The Swedish auto-maker's single-deck 7900 electric vehicle will carry up to 80 passengers at a time from the Nanyang Technological University (NTU). Meanwhile, a second Volvo self-driving bus will undergo a trial at a bus depot managed by the country's public transport operator.
The 12-meter long Volvo 7900 electric bus is jointly developed by the Swedish automobile firm, together with Singapore's Nanyang Technological University (NTU), whose researchers will oversee the artificial intelligence developments of the vehicle. The zero-emissions vehicle will require 80 percent less energy than its diesel powered counterparts. Other features include light detectors, 3D picture-taking and a location accuracy of up to one-centimeter using an advanced navigation system.
Sweden's Volvo Buses and Singapore's Nanyang Technological University (NTU) on Tuesday unveiled a full-size autonomous electric bus for testing this year in the city state. High-density Singapore has been encouraging the development of driverless technology in hopes that its residents will use more shared vehicles and public transport. Tests with one bus on the university campus could begin in a few weeks to months, before moving to public roads after regulatory approvals, NTU President Subra Suresh told reporters.
COPENHAGEN, Denmark (AP) — Volvo Cars says it will limit the top speed of its new cars at 180 kilometers per hours (112 miles per hour) in all markets as of next year because "too many people get seriously injured or even killed because of excessive speeding."
Volvo Cars said on Monday it will introduce a 180 km per hour (112 mph) speed limiter on all new vehicles as the Swedish automaker seeks to burnish its safety credentials and meet a pledge to eliminate passenger fatalities by 2020. While Volvo, whose XC90 flagship SUV currently has a top speed of 212 km/h, has made progress on its so-called "Vision 2020" target of zero deaths or serious injuries, Chief Executive Hakan Samuelsson said it is unlikely to meet the goal without additional measures to address driver behaviour. "We've realised that to close the gap we have to focus more on the human factors," Samuelsson told Reuters.
Volvo is cutting the top speed for all of its new models to 112 miles per hour from 130 mph starting next year. The move is part of the Swedish automaker's Vision 2020 initiative to eliminate fatalities or serious injuries by next year. Safety advocates are increasingly warning higher speeds are a factor behind traffic accidents and fatalities staying at high levels.
Volvo and Singapore's Nanyang Technological University are testing the world's first full-size, autonomous electric passenger bus. Hakan Agnevall of Volvo Bus Corporation weighs in.