52 Week Range
As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay
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Volvo Announces Ambitions Within Electrification
Volvo Trucks Launches Complete Range Of Electric Trucks Starting In Europe In 2021
Volvo, Daimler Truck AG Sign Binding Agreement For New Fuel-Cell JV
AB Volvo is the parent company of the Volvo Group. The Volvo Group is a manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines. The Volvo Group also provides solutions for financing and service. Its segments include Trucks, Construction Equipment, Buses, Volvo Penta, Group functions & Other, and Financial Services. The Company's brand portfolio consists of Volvo, Volvo Penta, UD, Terex Trucks, Renault Trucks, Prevost, Nova Bus and Mack. In addition to vehicles and machines, its offering includes a range of services, such as insurance, rental services, spare parts, preventive maintenance, service agreements, assistance services and information technology (IT) services. Its product range is divided into Vehicles and Services. The sale of new vehicles, machinery and engines comprise Vehicles, as well as the sale of used vehicles and machines, trailers, superstructures and special vehicles. Its Services include the sale of spare parts.
Auto & Truck Manufacturers
Independent Chairman of the Board
President, Chief Executive Officer, Member of the Group Executive Board, Director
Deputy Chief Executive Officer, Member of the Group Executive Board
Executive Vice President Group Finance, Chief Financial Officer, Member of the Group Executive Board
Executive Vice President Group Trucks Technology, Group Chief Technology Officer, Member of the Group Executive Board
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* Rival Daimler beat forecasts on Thursday (Adds background, detail)
* To operate new vehicle architecture developed with Swedish unit
* Says merger with Geely temporarily on hold (Adds comment on Volvo/Geely merger, background)
* Shares rise 3.5% in early trading (Share price, analyst comment, detail)
* CEO says "challenging" to cuts costs at pace of revenue fall (Adds CEO and analyst comment, detail)
* Veoneer shares up 3.8% (Adds analyst comment, background, detail, updates shares)
Swedish carmaker Volvo is suspending production at its factories in Sweden, the United States and Belgium, to curb the spread of the coronavirus, it said on Friday, even as it resumes manufacturing in China where the infection rate has slowed.
* RENAULT TRUCKS SIGNS HISTORIC AGREEMENT WITH THE CARLSBERG GROUP TO DELIVER 20 ELECTRIC TRUCKS
Volvo Cars said on Wednesday it will make the cobalt used in its batteries globally traceable using blockchain technology, following an agreement with its two battery suppliers, China's CATL and South Korea's LG Chem.
* Shares down 1.8% (Add CEO comment, analyst, shares, detail)
* Blockchain maps cobalt from recycling plant to finished car
Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability.
* But order intake for trucks down sharply again (Adds CEO, analyst comments, shares)
Sweden's Volvo announced new measures to cut fixed costs by 2 billion Swedish crowns ($214 million) on Thursday, as it became the latest carmaker to warn that pricing pressure and tariffs arising from the Sino-U.S. trade war were denting profitability.
* Nvidia was ditched by Tesla last year (Adds comments from Volvo chief technology officer, Nvidia CEO)
Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.
* Volvo wanted the exemption for its XC60 (Adds Volvo comment, Stockholm to dateline, changes date)
* Volvo signs multi-billion-dollar battery deals with Asian makers
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.
Swedish carmaker 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.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.