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Keywords: Volvo
The Swedish industrial group Volvo Group has reported stable and strong demand across key markets, with solid performance in Europe and continued growth momentum in North America. According to the company, customer demand and deliveries in Europe remain at healthy levels across its business segments......
Thailand’s consumer protection authorities are preparing legal action against the local operations of Volvo Cars following complaints related to battery safety concerns involving the company’s electric EX30 model. The move follows unsuccessful discussions between consumer representatives,......
Thailand’s consumer protection authorities are considering civil legal action against Swedish automaker Volvo Cars following new reports of battery-related fires involving its EX30 electric SUV model. The decision comes after two additional incidents raised fresh concerns about the safety of the......
Volvo Cars has said it is open to forming new partnerships in the United States as part of its strategy to strengthen production and make better use of its manufacturing capacity in the country. The Swedish automaker is seeking to expand cooperation with other industry players, particularly in assembly,......
Swedish automaker Volvo Cars has reported a decline in global sales for the period between February and April, reflecting ongoing challenges in the automotive industry. The company sold over 160,000 vehicles during the three-month period, marking a drop compared to the same timeframe last year. Regional......
Volvo CEO Håkan Samuelsson forecasts that electric vehicles will "very likely" cost less than gasoline-powered cars within five years. Speaking at a press event in Gothenburg, Sweden, this week, he highlighted his company's already profitable EV lineup and upcoming manufacturing advances......
European and Indian stock markets opened higher on Friday as positive corporate earnings reports and easing trade tensions between the United States and China lifted investor sentiment across global markets. India's benchmark BSE Sensex gained 0.13% to open at 84,667.23, while the Nifty 50 rose......
Sweden is reeling from one of its most significant data breaches to date after a cyberattack targeted IT systems provider Miljödata, compromising the personal data of roughly 1.5 million individuals — nearly 15% of the country’s population. According to prosecutor Sandra Helgadottir,......