Berlin - Delayed Quote • EUR Volvo AB (VOL3.BE) Follow Compare 25.20 +0.14 +(0.56%) At close: 8:48:43 AM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 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 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. Volvo Group Capital Markets Day - Gearing up for growth Today, November 14, 2024, the Volvo Group held its Capital Markets Day at the Volvo Trucks Customer Center in New River Valley, Virginia, USA. At the event, President and CEO Martin Lundstedt together with Group Management presented the strategic direction to improve the Group's performance and to strengthen earnings resilience across the business cycle while continuing to invest and accelerate growth through the transformation. AB Volvo (OM:VOLV B) Reports Q3 Earnings Decline While Innovation Drives Electric Truck Expansion AB Volvo (OM:VOLV B) has recently announced its third-quarter earnings, revealing a decline in sales and net income compared to the previous year, yet showcasing a strong nine-month performance with increased net income. The company continues to innovate with the upcoming launch of its long-range FH Electric truck, aligning with its commitment to fossil-free transport by 2040. In the following discussion, we will explore AB Volvo's competitive advantages, strategic challenges, future market... Scaling grid innovation: Volvo Penta follow-on investment in UtilityInnovation Group Volvo Penta announced a follow-on investment in UtilityInnovation Group (UIG), a USA and Ireland based company specializing in resilient, innovative utility systems and decentralized energy solutions. This strategic investment marks a continued commitment to driving the energy transition. It also underlines Volvo Penta's role in the growing global market for energy infrastructure as an independent supplier of energy-dense battery energy storage (BESS) subsystems. Volvo Group and Daimler Truck sign binding agreement for joint venture to develop software-defined vehicle platform As announced in May this year, Volvo Group and Daimler Truck intend to create a joint venture to develop a common software-defined vehicle platform and dedicated truck operating system, providing the basis for future software-defined commercial vehicles. The two leading companies in the commercial vehicle industry have now signed a binding agreement to establish the joint venture and are working towards setting up the company that will be headquartered in Gothenburg, Sweden. Stocks to watch: Tesla, Lloyds, L'Oréal, Coca-Cola and Unilever Earnings preview of key companies reporting next week and what to look out for. Volvo Group CEO to Keynote at CES 2025 The Consumer Technology Association (CTA)® announces Martin Lundstedt, President and CEO of Volvo Group, as a keynote speaker for CES® 2025, along with several influential guests. Volvo Group will highlight its vision for a 100% safe, 100% fossil-free, and 100% more productive transportation and infrastructure. Stocks to watch next week: Netflix, LVMH, ASML, Rio Tinto and Goldman Sachs Earnings preview of key companies reporting next week and what to look out for. Political scientist awarded the Volvo Environment Prize 2024 Governments and organizations meet year-round to make crucial decisions to solve global environmental problems. Why, then, is progress so slow? This is the research area of Frank Biermann, a political scientist who proposes a reformed United Nations and new institutions to reach sustainability goals. He is awarded the Volvo Environment Prize 2024 for his research on environmental governance. Volvo Financial Services, JA Worldwide Equip 10,000 Students with Financial Literacy Knowledge Halfway through 2024, Volvo Financial Services (VFS) and JA (Junior Achievement) Worldwide have reached more than 10,000 students with financial literacy curriculum, thanks to the efforts of more than 180 VFS employee volunteers and support from dozens more JA educators. Combined with the 14,000 plus youth reached last year, VFS and JA have now equipped more than 24,000 students with skills such as entrepreneurial thinking, budgeting, financial goal setting, career development and more, position Breakthrough: Volvo to launch electric truck with 600 km range Up to 600 km on one single charge. That's how far Volvo's next-generation heavy-duty electric truck will be able to drive. The longer range represents a breakthrough for long-distance transport with zero tailpipe emissions. Volvo CE unveils ambitious new product line up at Volvo Days 2024 At Volvo Days 2024, Volvo Construction Equipment (Volvo CE) demonstrates its ambition to lead in sustainability and productivity by presenting pioneering launches and a fresh solutions-based approach - enabling sustainable change for customers in both regulated and less regulated markets. The Foundation Assar Gabrielsson Prize recipients 2024 awarded Assar Gabrielsson was one of the founders of Volvo. In accordance with his wishes, a fund was established for clinical research of cancer diseases. The fund has existed since 1962. It primarily supports research projects that are considered promising but have not yet reached the weight that provides funding from major research funds. New number of votes in AB Volvo The number of votes in AB Volvo has changed due to the conversion of a total of 100 Series A shares to a total of 100 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting. Hertz loses another $200 million from its EVs Car-rental operator Hertz reported it lost another $200 million due to its EV gamble. Volvo Group - the first quarter 2024 "During Q1 2024, demand continued to normalize at good levels across many of the Volvo Group's markets. Adjusted for currency, net sales were on the same level as in Q1 2023 and amounted to SEK 131.2 billion. Invoiced price continued to increase, mainly on the back of carry-over from the price increases we gradually implemented last year. Adjusted operating income amounted to SEK 18.2 billion (18.6), which corresponds to a margin of 13.8% (14.0). Return on capital employed improved to 37.7% (30. Volvo Group to Increase North American Heavy Truck Production Capacity The Volvo Group today announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group's U.S. production. The plant will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico and Latin America. The plant is expected to be operational in 2026. AB Volvo publishes Annual Report 2023 "During 2023 dedicated colleagues across the Volvo Group worked hard to keep our customer commitments and reduce the lead times as we delivered from the backlogs of vehicles and machines that have been extended since the pandemic. It was also a year characterized by geopolitical turmoil, continued supply chain disturbances and cost inflation. In these challenging circumstances, the Volvo Group continued to deliver strong growth, profitability and cash flow," says Martin Lundstedt, President and Volvo Group Venture Capital invests in Zacua Ventures Volvo Group Venture Capital AB has invested in Zacua Ventures Builders Fund I, L.P. - a global venture capital fund focused on early-stage technology for the construction industry. Performance Overview Trailing total returns as of 1/22/2025, which may include dividends or other distributions. Benchmark is OMX Stockholm 30 Index Return VOL3.BE OMX Stockholm 30 Index YTD +8.06% +6.64% 1-Year +56.00% +15.23% 3-Year +313.81% +14.43%