Stuttgart - Delayed Quote • EUR Volvo AB (VOL1.SG) Follow Compare 25.36 +0.14 +(0.56%) As of 12:53:36 PM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations New Strong Sell Stocks for January 21st VLVLY, AGL and APOG have been added to the Zacks Rank #5 (Strong Sell) List on January 21, 2025. Polestar 7 production confirmed for Europe The EV maker says the compact SUV will be aimed at “the world’s fastest growing and most profitable premium segment.” Morgan Stanley outlook positive on truck OEMs for 2025 Investing.com -- Morgan Stanley expects improving freight conditions and upcoming emissions regulations to boost global truck manufacturers in 2025, with Daimler (OTC:MBGAF) Truck Holding AG (F:DTGGe) and Volvo (OTC:VLVLY), AB ser. B (ST:VOLVb) emerging as top picks.“A rising tide lifts all trucks,” the analyst said. Volvo rides EV surge to record global sales Led by the EX30, the Swedish automaker’s volume reached a record for the second year in a row and the eighth time since 2014. Volvo CEO says plan for Mexico truck factory on track despite US tariff threat Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump threatens to impose U.S. tariffs on imports of vehicles and other goods. The maker of Volvo and Mack semi-trucks has targeted growth in North America, which accounts for about 30% of company revenue, as a strategic priority and expects the plant to start operations in 2026. It expects the factory to deliver vehicles to the United States, Mexico and Canada, as well as to Latin America. Volvo Group sees delay in battery plant production from planned Swedish facility Volvo Group expects high-volume production of a planned battery plant in Sweden to begin a couple of years later than the original target of 2029-2030, CEO Martin Lundstedt said at a Reuters NEXT Newsmaker event at CES in Las Vegas on Wednesday. Volvo had said in September it would delay construction of the plant by one or two years and said at the time it was uncertain if this would affect the start of manufacturing. (writing by Peter Henderson in Oakland, California; Editing by Rod Nickel) Volvo Cars’ global sales up 8% in 2024 This growth was driven by a significant increase in sales of fully electric models, which surged by 54%. Tesla, Volvo poised to gain as CO2 emissions alliances rapidly form to avoid EU fines Stellantis, Toyota, Ford, Mazda and Subaru plan to pool with electric-only Tesla, while Mercedes and its Smart JV are partnering with EV-heavy Volvo and electric affiliate brand Polestar. Volvo Cars posts 3% dip in December sales despite strong electric car demand Investing.com - Volvo (OTC:VLVLY) Cars (ST:VOLCARb) has posted a 3% drop in overall sales in December, due in part to weak demand for some of its hybrid vehicles, according to figures released by the automaker on Tuesday. Volvo Cars December sales down 3% while electric vehicles rise Volvo Cars' sales fell by 3% year-on-year in December to 73,804 cars as the sale of hybrid vehicles declined, the Sweden-based automaker said on Tuesday. The number of electrified cars, including fully electric and plug-in hybrid vehicles, rose by 20% year on year in December, while so-called mild hybrids with only internal combustion engines fell by 16%, the company said in a statement. Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement that sales for 2024 rose by 8% compared to 2023 to a total of 763,389 cars, boosted by a 54% rise in the number of fully electric models. Volvo, Daimler ink deal to develop SDV platform The 50/50 joint venture will create a dedicated truck operating system and tools that vehicle manufacturers can use as a basis to make their own digital vehicle features. Proterra’s surviving businesses may shed bankruptcy stigma Bankruptcy filings carry a stigma but sometimes the outcomes promise new life. Proterra might be one such story. The post Proterra’s surviving businesses may shed bankruptcy stigma appeared first on FreightWaves. Volvo Begins Autonomous Operations for DHL Supply Chain in Texas Volvo Autonomous Solutions (V.A.S.) and DHL Supply Chain have taken a significant step towards transforming freight transportation with the launch of autonomous operations in the United States. The operations will be enabled by the purpose-built, production-ready Volvo VNL Autonomous which is powered by the Aurora Driver. The start of operations marks a critical phase in validating the full ecosystem required for autonomous transport at scale. At this stage, a safety driver will be present to mo Of floor mops, M&M coatings … and battery packs The Freudenberg Group makes a lot of different products, from candy coatings to heavy-duty electric truck and bus batteries. The post Of floor mops, M&M coatings … and battery packs appeared first on FreightWaves. Volvo Cars reports 5% rise in November sales Volvo Cars' sales rose 5% year on year in November to 66,977 vehicles, led by Europe and the United States, it said on Wednesday. Sweden-based Volvo Cars, majority owned by China's Geely Holding, said that sales in Europe, its biggest market, rose 20% to 31,611 cars while U.S. sales were up 5%. Sales in China declined by 8% year on year. Volvo sells 30% stake of Lynx & Co. to Zeekr The automaker’s equity was valued at $747.4 million and the divestment is part of a new ownership structure for the jointly operated brand. Trump's tariffs could cost carmakers up to 17% of combined core profits, S&P says Premium automakers Volvo and Jaguar Land Rover, who mostly produce in Europe, and groups General Motors and Stellantis, who assemble high volumes of cars in Mexico and Canada, are most exposed to the threat of higher tariffs, S&P said. President-elect Donald Trump on Monday said he would impose a 25% duty on imports from Canada and Mexico until they clamped down on drugs and migrants crossing the border, a move that would appear to violate a free-trade deal between the three countries. Renault Trucks, part of Volvo Group, awarded 4 stars in the Euro NCAP safety rating Euro NCAP – the European New Car Assessment Programme – has been a benchmark in the area of vehicle safety since 1997. In 2024, it has expanded its tests to include heavy-duty trucks. Following months of stringent testing, Euro NCAP has just released the results of this very first assessment: the Renault Trucks T achieved 4 stars, placing it among the safest trucks on the market. The 5 next big things in transportation technology in 2024 Electric boats, self-driving trucks, and other bright ideas. How Volvo Trucks uses AI to boost uptime Proprietary artificial intelligence models power an adaptive maintenance system that allows for more efficient stops. Performance Overview Trailing total returns as of 1/22/2025, which may include dividends or other distributions. Benchmark is OMX Stockholm 30 Index Return VOL1.SG OMX Stockholm 30 Index YTD +9.08% +7.11% 1-Year +60.33% +15.74% 3-Year +339.54% +14.94%