Volvo Cars braces for challenging 2023 Volvo Cars said today that 2023 was likely to be another challenging year, despite healthy demand for its vehicles, as the Swedish carmaker reported a … Business • 09 Feb
Volvo warns of potential drop in sales this year Volvo Cars flagged a potential dip in retail sales this year after posting higher second-quarter profits. Business • 20 Jul 22
New car sales in Europe lowest since 1996 Europe registered the lowest number of new passenger cars in the month of June this year since 1996 at just over 1.06 million vehicles, with … Business • 15 Jul 22
Volvo Cars says supply chain woes remain, profit lags Volvo Cars has today posted fourth-quarter earnings below expectations pressured by global supply shortages despite strong demand for its vehicles. Business • 11 Feb 22
Volvo profit below expectations as chip shortage weighs Sweden's AB Volvo reported second-quarter core earnings slightly below market expectations today, as the truckmaker juggled strong demand for its vehicles with intense pressure on … Business • 20 Jul 21
Only VW and Volvo doing enough to electrify in Europe Among the major carmakers, Volkswagen and Volvo are doing enough to electrify their vehicle lineups in Europe and the EU needs to set tougher CO2 … Business • 16 Jun 21
Volvo reveals plans to go all electric by 2030 Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said today, joining a growing number of automakers planning to phase out … Business • 02 Mar 21
Volvo recalls over 2m cars over seat belt fatigue Chinese-owned Swedish automaker Volvo Cars said it was recalling nearly 2.2 million cars globally over an issue related to the effectiveness of the seat belts. World • 01 Jul 20
5,200 Volvo cars in Ireland affected by recall Volvo has announced that it is recalling 5,200 cars in Ireland due to a fire risk. Business • 22 Jul 19
Defying Brexit, Polestar picks UK for new R&D hub 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 … Business • 08 May 19
Europe Inc scores to avert Q1 disaster European investors breathed a sigh of relief as more than half the region's major companies reported first-quarter earnings above market expectations, even if the bar … Business • 03 May 19
Truckmaker Volvo builds stockpiles ahead of Brexit Sweden's Volvo has triggered its hard Brexit contingency plans, with the truckmaker building "safety stock" with its UK dealers and considering alternative shipping routes to … Business • 20 Dec 18
Swedish truckmaker Volvo beats profit forecast Swedish truckmaker Volvo beat quarterly profit expectations buoyed by bullish demand for trucks and construction equipment and forecast high levels of demand in its main … Business • 19 Oct 18
Volvo warns some truck engines may exceed limits Sweden's Volvo said today an emissions control component used in its trucks was degrading more quickly than expected, which could cause engines to exceed emission … Business • 16 Oct 18
Volvo Cars targets sales record, facing down trade woes Volvo Cars said it was on track for another sales record despite rising trade tensions, after second-quarter profit rose on strong demand for its SUVs. Business • 19 Jul 18
Uber inks deal to buy thousands of self-driving Volvos Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the US firm from an app used to summon a … Technology • 21 Nov 17
Volvo shares hit record as earnings top forecasts Sweden's Volvo today reported a bigger-than-expected rise in quarterly core earnings as stronger demand for heavy trucks more than offset costs stemming from strains on … Business • 20 Oct 17
Volvo profit jumps on cost cuts and strong truck demand Sweden's Volvo today posted a much bigger than expected rise in first-quarter core earnings as robust demand and years of cost trimming bolstered turnover and … Business • 25 Apr 17
Best-selling car in Sweden in 2016 was not a Volvo For the first time in more than half a century, the best-selling car in Sweden in 2016 was not a Volvo. Business • 03 Jan 17
Volvo is new sponsor of Round Ireland Yacht Race Volvo has been announced as the new title sponsor of the Round Ireland Yacht Race, which is one of the country’s biggest off-shore competitions. Business • 19 Nov 15
