OTC Markets OTCPK - Delayed Quote • USD AB Volvo (publ) (VOLVF) Follow Compare 27.73 0.00 (0.00%) At close: January 31 at 3:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Northvolt to divest stake in battery venture to Volvo The two companies will also explore potential collaborations in North America. Volvo AB (VLVLY) Q4 2024 Earnings Call Highlights: Record Cash Flow Amid Market Challenges Despite a decline in net sales, Volvo AB (VLVLY) achieved a record operating cash flow and maintained strong financial health with strategic advancements in electrification. Renault and Volvo electric van unit wins new orders Flexis, a joint venture between automaker Renault and truck maker Volvo Group as well as shipper CMA CGM, said on Tuesday it has received letters of intent from 10 European transport and distribution companies for orders of 15,000 units of its new electric van. The letters of intent were signed with France's Colis Privé, a unit of CMA-CGM, UK-based Hived and Germany's DB Schencker and will add to sales for Renault and Renault Trucks (Volvo) brands. Strong orders boost truckmaker Volvo's shares despite profit miss STOCKHOLM (Reuters) -A jump in fourth-quarter orders at truckmaker Volvo boosted hopes on Wednesday for a less bleak 2025, sending its shares up as much as 6% despite profits missing expectations. After record sales in 2023, truckmakers saw a slowdown last year that is widely expected to continue this year, with Europe tipped to be hit particularly hard. But for October-December, Volvo said its order intake rose 24% to 61,200 trucks, with a 37% increase in Europe and a 26% rise in North America. Volvo forecasts U.S. sales bump of up to 10% in 2025 The automaker's top U.S. executive said strong marketing and fresh products will help lift dealer throughput and profitability. Stocks to watch this week: ASML, Intel, LVMH, Shell and Glencore Earnings preview of key companies reporting this week and what to look out for. Volvo Buses to test new self-driving bus technology in Sweden The technology is designed to autonomously navigate buses into and out of bus stops, aiming to alleviate driver stress. Volvo retailers seek vision on hybrid road map as EV sales sputter Product and profitability will be top of mind for Volvo retailers at the brand’s NADA Show make meeting. Volvo EX30 experience provides key building blocks for EV transition Sufficient range, improved infrastructure, adequate efficiency and a special request made the EV switch seem more realistic. 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. Performance Overview Trailing total returns as of 1/31/2025, which may include dividends or other distributions. Benchmark is OMX Stockholm 30 Index Return VOLVF OMX Stockholm 30 Index YTD +14.12% +7.55% 1-Year +16.43% +12.76% 3-Year +25.39% +17.81%