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AB Volvo (publ) (VOL3.F)

22.64

+0.02

+(0.09%)

At close: April 17 at 8:08:17 AM GMT+2

Volvo Cars may take up to two years to expand US production to avoid tariffs, CEO tells daily DN

Sweden's Volvo Cars, which is controlled by Chinese auto maker Geely, will need up to two years to expand its U.S. car production in order to avoid hefty import tariffs, CEO Hakan Samuelsson told daily Dagens Nyheter (DN) on Friday. Volvo Cars is one of the most exposed automakers to U.S. President Donald Trump's auto tariffs as it imports most of its hybrid and electric models from Europe. A Volvo spokesperson declined to comment when contacted by Reuters.

Reuters 6 days ago

VLVLY
Volvo to partner with Greenlane on EV truck charging

The heavy-duty truck manufacturer is expanding access to charging stations through its Volvo Open Charge services.

Trucking Dive 7 days ago

VLVLY
Volvo to boost Mexico plant investment to $1 billion, minister says

MEXICO CITY (Reuters) -Sweden's AB Volvo will increase its investment in the truck factory it is building in the northern Mexican state of Nuevo Leon to $1 billion, Mexico's Economy Minister Marcelo Ebrard said on Thursday. Volvo announced in August that it had chosen a site on the outskirts of the industrial hub Monterrey in northern Mexico as the site for its new North American heavy-duty truck factory, putting construction costs at the time at $700 million.

Reuters 14 days ago

VLVLY
Volvo Cars' new CEO vows to produce more cars in US

GOTHENBURG, Sweden (Reuters) -Volvo Cars' new top executive said on Thursday the company would produce more cars in the U.S. while ramping up its regionalisation efforts, just as a 25% U.S. tariff on global autos takes effect. European companies are scrambling to find solutions as President Donald Trump's 25% duties on foreign cars became effective and a bigger-than-expected wall of import tariffs was unveiled on Wednesday. Volvo Cars, which made an unexpected decision on Sunday to replace its CEO with former CEO Hakan Samuelsson, has struggled lately, with its share price falling to record lows amid a slowdown in demand for electric vehicles and global uncertainty.

Reuters 14 days ago

VLVLY
Volvo Cars reports 10% sales decline in March as EV sales slow

The first quarter of 2025 (Jan-Mar) saw global sales reach 172,219 cars, marking a 6% decrease compared to the same period previous year.

Just Auto 14 days ago

VLVLY
Annual General Meeting of AB Volvo

AB Volvo held its Annual General Meeting on April 2, 2025. The Meeting was held at Konserthuset in Göteborg, Sweden, with the option for shareholders to exercise their voting rights by advance voting (postal voting). Presentations by the Chairman of the Board and the President and CEO describing the work of the Board and the Volvo Group's operations are available on AB Volvo's website www.volvogroup.com.

PR Newswire 15 days ago

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Volvo CEO Hakan Samuelsson’s three-point plan focuses on EVs, Geely synergies

On day one of his second term as the automaker’s CEO, Samuelsson’s focus is on increasing Geely synergies and controlling costs.

Automotive News 15 days ago

VLVLY

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Should Value Investors Buy Volvo (VLVLY) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks 15 days ago

VLVLY
Volvo Cars sales fall 10% in March as fully electric sales dive

STOCKHOLM (Reuters) -Volvo Cars sold 70,737 cars in March, down 10% from a year earlier as sales of fully electric cars tumbled, the Sweden-based company said on Wednesday, sending its shares down. Volvo Cars, which is majority-owned by China's Geely, said in a statement sales in Europe were down 9% while in the United States and China they were down 8% and 22%, respectively. Sales of fully electric cars fell 26% to account for 19% of total sales, while sales of electrified cars as a whole, also including plug-in hybrids, were down 9% to 43% of total sales.

Reuters 15 days ago

VLVLY
Håkan Samuelsson returns to Volvo Cars as CEO

The two-year appointment aims to ensure stability while the automaker searches for a long-term successor.

Automotive Dive 16 days ago

VLVLY
Volvo debuts first customer for truck-as-a-service subscription

R&M Trucking's use of Volvo on Demand will help it meet customers' sustainability interests while limiting upfront investment.

Trucking Dive 16 days ago

VLVLY
Volvo goes back to car industry basics with surprise CEO switch

STOCKHOLM/LONDON (Reuters) -Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a wobbly transition to electric cars, analysts and investors said. Samuelsson, who led the Swedish automaker for a decade from 2012 to 2022, helped to revitalise the Volvo brand and oversaw the company's initial public offering in 2021 on the Stockholm Stock Exchange.

Reuters 17 days ago

VLVLY
CAT's Off-Highway Trucks to Use LiDAR Tech in Quarry & Aggregate Sites

Caterpillar teams up with Luminar to add its cutting-edge LiDAR technology to heavy machinery to boost automation, safety and efficiency.

Zacks 17 days ago

CAT

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VLVLY
New number of votes in AB Volvo

The number of votes in AB Volvo has changed due to the conversion of a total of 7,640 Series A shares to a total of 7,640 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.

PR Newswire 17 days ago

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Westport Fuel Systems Q4 Loss Narrows on Better-Than-Expected Revenue; Selling Light-Duty Segment to Focus on Volvo Group JV

Westport Fuel Systems (WPRT.TO and Nasdaq:WPRT) on Monday reported a narrower net loss for the fourt

PREMIUM
MT Newswires 17 days ago

WPRT

VLVLY
Samuelsson back as CEO at Volvo Cars

Jim Rowan in surprise exit and an old hand is back to steady the ship.

Just Auto 17 days ago

VLVLY
Volvo Cars brings back veteran CEO to tackle tariffs, mounting industry challenges

COPENHAGEN (Reuters) -Volvo Cars, majority-owned by China's Geely, has brought back former CEO Hakan Samuelsson to head the company for the next two years at a turbulent time marked by mounting tariff pressures, replacing Jim Rowan who has run the group since 2022. Samuelsson, 74, takes the helm after U.S. President Donald Trump last week followed through on his threats for new tariffs on imported cars, saying a 25% duty on vehicles not built in the U.S. would kick in this week. "The car industry is under pressure from many directions," Samuelsson said in a statement.

Reuters 18 days ago

VLVLY
Brian's Big Idea: Tariffs, Cars and Commodities

A look at a few stocks impacted by tariffs and the Commodity Innovators service.

Zacks 21 days ago

VLVLY
Barclays shuffles European truck stocks: Volvo, Traton, Daimler Truck downgraded

Investing.com -- Barclays has adjusted its ratings in the European truck sector, downgrading Volvo (ST:VOLVb), Daimler (OTC:MBGAF) Truck (ETR:DTGGe), and Traton (ETR:8TRA) amid growing tariffs, macro, and regulatory risks.

Investing.com 23 days ago

MBGYY

VLVLY
This Lidar Stock Was Left for Dead--Then It Jumped 14% Today

After plunging 77% in a year, Luminar bounces back with a blowout quarter, Volvo wins, and a bold 2025 plan.

GuruFocus.com 27 days ago

LAZR

VLVLY

Performance Overview

Return	VOL3.F	OMX Stockholm 30 Index (^OMX)
YTD	+59.55%	-5.14%
1-Year	+48.82%	-5.98%
3-Year	+498.84%	+12.55%

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AB Volvo (publ) (VOL3.F)

Volvo Cars may take up to two years to expand US production to avoid tariffs, CEO tells daily DN

Volvo to partner with Greenlane on EV truck charging

Volvo to boost Mexico plant investment to $1 billion, minister says

Volvo Cars' new CEO vows to produce more cars in US

Volvo Cars reports 10% sales decline in March as EV sales slow

Annual General Meeting of AB Volvo

Volvo CEO Hakan Samuelsson’s three-point plan focuses on EVs, Geely synergies

Should Value Investors Buy Volvo (VLVLY) Stock?

Volvo Cars sales fall 10% in March as fully electric sales dive

Håkan Samuelsson returns to Volvo Cars as CEO

Volvo debuts first customer for truck-as-a-service subscription

Volvo goes back to car industry basics with surprise CEO switch

CAT's Off-Highway Trucks to Use LiDAR Tech in Quarry & Aggregate Sites

New number of votes in AB Volvo

Westport Fuel Systems Q4 Loss Narrows on Better-Than-Expected Revenue; Selling Light-Duty Segment to Focus on Volvo Group JV

Samuelsson back as CEO at Volvo Cars

Volvo Cars brings back veteran CEO to tackle tariffs, mounting industry challenges

Brian's Big Idea: Tariffs, Cars and Commodities

Barclays shuffles European truck stocks: Volvo, Traton, Daimler Truck downgraded

This Lidar Stock Was Left for Dead--Then It Jumped 14% Today

Performance Overview