Volvo Cars Q1 sales volumes fall 11% yr/yr Published 02 Apr, 2026 12:33pm Volvo Cars sold 153,316 cars in the three months through March
Luxury carmakers’ gold-leafed profits under threat from Iran war Published 01 Apr, 2026 11:33pm A key global shipping route is in disarray since the start of the Iran conflict
SSGC appoints Amin Rajput as interim MD, CEO Published 13 Feb, 2026 02:12pm He will retire from the permanent service of the SSGC on February 13
Volvo Cars’ sales fall 2% in October, says market remains challenging Published 04 Nov, 2025 01:58pm COPENHAGEN: Volvo Cars sold 60,455 cars in October, down 2% compared to the same period last year, the Sweden-based...
Volvo Cars Q2 operating profit falls as tariffs bite Published 17 Jul, 2025 11:10am STOCKHOLM: Sweden-based Volvo Cars reported a steep fall in second-quarter adjusted operating profit on Thursday and...
Volvo Cars delays scale production at new Slovak plant to early 2027 Published 03 Jul, 2025 06:04pm STOCKHOLM: Volvo Cars has pushed back large-scale production at its factory under construction in Slovakia to early...
Volvo Cars sales fall 12% in June, fully electric tumble 26% Published 02 Jul, 2025 07:45pm STOCKHOLM: Sweden-based Volvo Cars reported on Wednesday a fourth straight month of falling sales volumes, pressured...
S&P lowers outlook on Volvo Cars rating citing US tariffs, competition in China Published 30 May, 2025 05:00pm STOCKHOLM: S&P on Friday lowered the outlook for its BB+ credit rating on Volvo Cars to “negative” from...
Volvo Cars to cut 3,000 jobs in restructuring Published 26 May, 2025 05:00pm STOCKHOLM: Sweden-based Volvo Cars said on Monday it will cut 3,000 mostly white-collar jobs as part of a...
Volvo Cars CEO says customers must pay for rising tariffs Published 23 May, 2025 07:09pm STOCKHOLM: Volvo Cars CEO Hakan Samuelsson told Reuters on Friday that the company’s customers would have to pay a...
Volvo Cars’ battery company Novo Energy to cut half of workforce Published 05 May, 2025 06:18pm COPENHAGEN: Volvo Cars’ Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating...
Volvo Cars sales fall 11% in April Published 05 May, 2025 12:54pm STOCKHOLM: Volvo Cars sold 58,881 cars in April, down 11% from a year earlier, the Sweden-based company said on...
Volvo Cars to cut costs by $1.9bn as earnings drop Published 29 Apr, 2025 11:19am STOCKHOLM: Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns ($1.87 billion) on Tuesday as its...
Truck maker Volvo profit falls more than expected, cuts North America market outlook Published 23 Apr, 2025 11:13am Swedish truck maker AB Volvo reported a bigger-than-expected fall in first-quarter operating profit on Wednesday and...
Volvo to cut up to 800 US jobs Published 21 Apr, 2025 05:42am NEW YORK: Volvo Group plans to lay off as many as 800 workers at three US facilities over the next three months due...
Volvo Cars sales fall 10% in March as fully electric sales dive Published 02 Apr, 2025 02:20pm STOCKHOLM: Volvo Cars sold 70,737 cars in March, down 10% from a year earlier as sales of fully electric cars...
Truckmaker Volvo’s Q4 profit falls more than expected, raises dividend Published 29 Jan, 2025 12:07pm STOCKHOLM: Swedish truckmaker AB Volvo reported on Wednesday a larger drop than expected in fourth-quarter operating...
Volvo CEO says plan for Mexico truck factory ongoing despite US tariff threat Published 09 Jan, 2025 08:18am LAS VEGAS: Sweden’s Volvo Group, is proceeding with its planned $700-million heavy-truck factory in Monterrey,...
Volvo Cars trumpets record sales in 2024 Published 08 Jan, 2025 06:26am STOCKHOLM: Sweden’s Volvo Cars registered record sales figures last year powered by increasing demand for its...
Volvo Cars reports slight sales increase amid market uncertainty Published 02 Oct, 2024 01:28pm COPENHAGEN: Volvo Cars’ sales rose by 1% year-on-year in September to 62,458 cars, the Sweden-based automaker said...
Volvo Cars scales back margin and revenue ambitions Published 05 Sep, 2024 01:08pm Swedish automaker Volvo Cars slashed its margin and revenue ambitions for a second time in a year on Thursday, a day...
Volvo Cars’ July sales rise 6% driven by European EVs Published 02 Aug, 2024 01:50pm COPENHAGEN: Volvo Cars’ sales rose 6% year-on-year in July to 57,447 cars, driven by an increase in fully electric...
Volvo Cars April sales rise on strong EV demand Published 06 May, 2024 01:16pm COPENHAGEN: Volvo Cars’ sales rose 27% in April from a year earlier to 65,838 cars, boosted by demand for electric...
Volvo Cars posts record March sales Published 04 Apr, 2024 01:11pm COPENHAGEN: Volvo Cars’ sales rose 25% in March from a year earlier to 78,970 cars, reaching an all-time high for...
Volvo Cars February sales volume down 2% year-on-year Published 05 Mar, 2024 01:31pm COPENHAGEN: Volvo Cars’ sales fell 2% in February from a year earlier to 50,315 cars, the Sweden-based group said on...
Truck maker Volvo’s Q4 operating profit beats expectations Published 26 Jan, 2024 01:42pm STOCKHOLM: Swedish truck maker AB Volvo reported a bigger-than-expected rise in fourth-quarter adjusted operating...
Volvo Cars’ sales grow 10% in April on demand jump in China Updated 03 May, 2023 01:14pm STOCKHOLM: Sweden-based Volvo Cars said on Wednesday that sales increased by 10% year-on-year in April to 51,976...
Volvo Cars braces for challenges in 2023 after quarterly profit falls Published 09 Feb, 2023 11:55am STOCKHOLM: Volvo Cars said on Thursday that 2023 is likely to be another challenging year despite healthy demand for...
Volvo Cars’ sales growth accelerates to 12% in November Published 02 Dec, 2022 01:38pm STOCKHOLM: Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154...
Volvo Cars to close China plant due coronavirus restrictions Published 01 Sep, 2022 05:45pm OSLO: Sweden’s Volvo Cars will temporarily close its plant in the Chinese city of Chengdu due to local coronavirus...