VOLV-B.ST - AB Volvo (publ)

Stockholm - Stockholm Real Time Price. Currency in SEK
158.75
-1.10 (-0.69%)
At close: 5:29PM CEST
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Previous Close159.85
Open159.55
Bid159.20 x 0
Ask159.30 x 0
Day's Range157.65 - 160.60
52 Week Range131.60 - 171.30
Volume3,790,407
Avg. Volume5,312,677
Market Cap322.67B
Beta1.14
PE Ratio (TTM)14.63
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield4.25 (2.62%)
Ex-Dividend Date2018-04-06
1y Target EstN/A
  • AutoComplete: Maybach SUV to get new camera-based suspension, chauffeur mode
    CNET8 days ago

    AutoComplete: Maybach SUV to get new camera-based suspension, chauffeur mode

    Plus: Volvo nixes the diesel S60 worldwide, and the Acura RDX enters production.

  • '2 Dudes': Volvo XC40 has German rivals on notice
    Yahoo Finance Video8 days ago

    '2 Dudes': Volvo XC40 has German rivals on notice

    Volvo’s ingenious ownership plan is the XC40’s secret weapon

  • Volvo Cars CEO: Expect China’s market to loosen up
    CNBC Videos9 days ago

    Volvo Cars CEO: Expect China’s market to loosen up

    Hakan Samuelsson discusses reports of a Volvo listing and the company's ownership under Chinese firm Geely.

  • Automakers need to take a clear stance on the future, Vol...
    CNBC Videos9 days ago

    Automakers need to take a clear stance on the future, Vol...

    Mild petrol hybrids can replace diesel-fueled cars, Hakan Samuelsson said.

  • Volvo Revs Up for IPO
    Bloomberg Video13 days ago

    Volvo Revs Up for IPO

    May.11 -- Bloomberg’s Jason Kelly discusses an IPO coming from Volvo cars and which banks the company will be using. He speaks with Westin on "Bloomberg Daybreak: Americas."

  • The Wall Street Journal7 days ago

    [$$] Power Play: How China-Owned Volvo Avoids Beijing’s Battery Rules

    SHANGHAI—Chinese-owned Volvo Car Group is being allowed to use high-end South Korean battery technology in vehicles it builds in China, even as Beijing strong-arms other auto makers into using Chinese batteries. To build up its battery industry, China requires auto makers to use batteries from one of its approved suppliers if they want to be cleared to mass-produce electric cars and plug-in hybrids and to qualify for subsidies. Volvo’s China-made plug-in hybrids, though, are powered by essentially the same LG Chem batteries the car maker uses outside China, according to people familiar with the situation.

  • Volvo CEO says focussed on electrification, automation regardless of IPO
    Reuters9 days ago

    Volvo CEO says focussed on electrification, automation regardless of IPO

    Volvo is working on how to meet the challenges of electrification and self-driving cars and has the funds to do so regardless of whether the firm launches a stock market flotation, its boss said on Wednesday. "We need to address these issues with electrification and automated drive," Hakan Samuelsson said at a conference in London on Wednesday. China's Zhejiang Geely Holding Group, the owner of Volvo Cars, has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter told Reuters last week.

  • Reuters9 days ago

    Volvo CEO says focussed on electrification, automation regardless of IPO

    Volvo is working on how to meet the challenges of electrification and self-driving cars and has the funds to do so regardless of whether the firm launches a stock market flotation, its boss said on Wednesday. "We need to address these issues with electrification and automated drive," Hakan Samuelsson said at a conference in London on Wednesday. China's Zhejiang Geely Holding Group, the owner of Volvo Cars, has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter told Reuters last week.

  • Now Volvo Says It Will Ditch Diesel in Europe
    Bloomberg9 days ago

    Now Volvo Says It Will Ditch Diesel in Europe

    Diesel’s demise in Europe, the main market for the engine type, is accelerating with Volvo Cars saying it won’t be offered for the upcoming S60 sedan as the shift to electrified cars takes shape. The revamped mid-size S60 sedan, to be unveiled in the next few weeks, will become Volvo’s first model not featuring a diesel option, the Gothenburg, Sweden-based company said Wednesday in a statement. While Toyota Motor Corp. and Nissan Motor Co. earlier decided to phase out diesel choices altogether amid declining demand, diesel sales made up 70 percent for Volvo in Europe last year.

  • Volvo’s IPO Valuation Isn’t Built for Safety
    Bloomberg9 days ago

    Volvo’s IPO Valuation Isn’t Built for Safety

    Timing is everything in investing, and China’s largest homegrown carmaker has decided that this is the moment to take Volvo Car AB public, at a potentially eye-popping valuation. Zhejiang Geely Holding Group Co. has discussed valuing the business at somewhere between $16 billion and $30 billion and is looking at a dual listing in Hong Kong and Sweden, Bloomberg News reported last week. At first glance, Zhejiang Geely may want to monetize its holding in the Swedish automaker, especially in a world where companies need money to meet consumers’ incessant demand for new models. The future of the car market looks uncertain and R&D investment will be forced higher.

  • Forbes9 days ago

    China's Geely Slaps Down A Tech Marker To The Auto World

    Geely increasingly looks like China's coming brand, working the world's auto industry like a chessboard. It’s understandable that the nascent Chinese automaker isn’t well known outside China, in the same way a Chinese buyer might know Buick but not General Motors. It’s China’s Coming Man, having gained a reputation for doing simple things well and delivering cunning strategies.

  • Financial Times9 days ago

    [$$] Volvo ditches diesel from all new models

    says it will never launch another diesel model as mounting technology costs see the Swedish carmaker move towards a future making only electrically powered vehicles. The S60 saloon to be launched this year will be the first Volvo in decades built without a diesel engine, chief executive Hakan Samuelsson will tell the Financial Times’ Future of the Car Summit in London on Wednesday. , the first major carmaker to pledge to phase out vehicles powered solely by internal combustion engines.

  • Financial Times10 days ago

    [$$] Geely seeks $30bn-plus valuation for Volvo Cars in IPO

    will only proceed with an initial public offering if it achieves a valuation of more than $30bn for the Swedish carmaker, according to two people familiar with the details. The owner will not sell if the value falls below $30bn, the banks were told, in spite of the figure being considered lofty by industry standards and high compared with many of Volvo’s larger competitors. It would value the carmaker at 10 times its earnings, which compares to 2-3 times for BMW and Daimler, the owner of Mercedes, according to calculations from Arndt Ellinghorst, analyst at Evercore ISI.

  • Forbes10 days ago

    Volvo Cars Flotation Valuation Will Show If Its Premium Claims Hold up

    Swedish based and Chinese owned Volvo Cars says it is a premium manufacturer, up there with the likes of BMW, Mercedes and Audi, and we are about to find out if investors agree. A stock market sale is thought to be imminent, and speculation about its value ranges from $15 billion to $30 billion. Volvo Cars is owned by Zhejiang Geely Holding Group, which bought it from Ford Motor in 2010.

  • Reuters13 days ago

    Chinese owner eyes Volvo Cars IPO, picks banks - source

    NEW YORK/STOCKHOLM/BEIJING, May 11 (Reuters) - The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter said on Thursday. China's Zhejiang Geely Holding Group, which bought Volvo Cars in 2010, has picked Citigroup, Goldman Sachs and Morgan Stanley, the source, who asked not to be identified because the deliberations are confidential, told Reuters.

  • Reuters13 days ago

    Chinese owner eyes Volvo Cars IPO, picks banks - source

    NEW YORK/STOCKHOLM/BEIJING, May 11 (Reuters) - The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter said on Thursday. China's Zhejiang Geely Holding Group, which bought Volvo Cars in 2010, has picked Citigroup, Goldman Sachs and Morgan Stanley, the source, who asked not to be identified because the deliberations are confidential, told Reuters.

  • Volvo Revs Up for IPO
    Bloomberg13 days ago

    Volvo Revs Up for IPO

    Bloomberg’s Jason Kelly discusses an IPO coming from Volvo cars and which banks the company will be using. He speaks with Westin on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

  • Financial Times14 days ago

    [$$] Volvo Cars hires banks to explore possible IPO

    Volvo Cars has appointed three global investment banks to explore the possibility of the Swedish carmaker embarking on an initial public offering, according to people close to the deal. The carmaker, owned by Zhejiang Geely Holding Group, has appointed Goldman Sachs, Morgan Stanley and Citigroup as joint global co-ordinators to explore an IPO, two people familiar with the plans said. The decision whether to list will be taken by Li Shufu, the owner of China-based Geely, and no decision has yet been taken, according to two people.

  • Financial Times14 days ago

    [$$] Volvo IPO/Geely: relative values

    , which jumped 4 per cent, remain overvalued, irrespective of any Volvo initial public offering. The two businesses share an unlisted parent in Zhejiang Geely, which acquired the Swedish group from Ford in 2010. Geely has tapped Volvo’s expertise in less obvious ways too.

  • Bloomberg14 days ago

    Volvo Owners Select Banks for Initial Share Sale

    Volvo Cars owner Zhejiang Geely Holding Group Co. has selected Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to advise on an initial public offering for the Swedish carmaker this year, according to people with knowledge of the matter. China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in a range of $16 billion to $30 billion in a stock sale, the people said, asking not to be named as the deliberations are confidential. An IPO is an option but the decision is up to the owner, a representative for Volvo Cars said, declining to comment further.

  • Volvo Cars Picks Citi, Goldman, Morgan Stanley on IPO
    Bloomberg14 days ago

    Volvo Cars Picks Citi, Goldman, Morgan Stanley on IPO

    Volvo Cars owner Zhejiang Geely Holding Group Co. has selected Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to advise on an initial public offering for the Swedish carmaker this year, according to people with knowledge of the matter. China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in a range of $16 billion to $30 billion in a stock sale, the people said, asking not to be identified because the deliberations are confidential. The companies held meetings in Sweden and Hong Kong this month to discuss a dual listing in both venues, they said.

  • Volvo cars and trucks can now share real-time traffic information
    TechCrunch17 days ago

    Volvo cars and trucks can now share real-time traffic information

    Starting in Norway and Sweden, vehicles from Volvo cars and Volvo trucks are

  • Sweden's Vattenfall boosts its electric vehicle charging market with Volvo Cars deal
    Reuters21 days ago

    Sweden's Vattenfall boosts its electric vehicle charging market with Volvo Cars deal

    Swedish state-owned utility Vattenfall is partnering with Geely-owned Volvo Cars to help owners recharge their electric vehicles (EV) at home, the firms said on Thursday. The move comes two weeks after Vattenfall launched plans to become northwestern Europe's largest operator of EV-charging infrastructure within five years. Volvo Cars' market share for plug-in hybrid cars in its home market Sweden is now about 18 percent.

  • Reuters21 days ago

    Sweden's Vattenfall boosts its EV charging market with Volvo Cars deal

    Swedish state-owned utility Vattenfall is partnering with Geely-owned Volvo Cars to help owners recharge their electric vehicles (EV) at home, the firms said on Thursday. The move comes two weeks after Vattenfall launched plans to become northwestern Europe's largest operator of EV-charging infrastructure within five years. Volvo Cars' market share for plug-in hybrid cars in its home market Sweden is now about 18 percent.

  • Reuters21 days ago

    North American April semi-truck orders up 47 pct, dip from Q1

    North American orders for Class 8 semi-trucks jumped nearly 50 percent in April as trucking companies struggled to add capacity in a tight U.S. freight market, but the pace of orders cooled from highs seen in the first quarter, FTR, a company that tracks the industry, said on Thursday. Preliminary orders for the big 18-wheelers that haul freight along the highways of United States, Canada and Mexico hit 34,700 trucks, up 47 percent from 23,538 in April 2017. The tight U.S. freight market means many rail and truck customers are grappling with how to defend profit margins as transportation costs climb at nearly double the inflation rate.