Volvo reappoints former CEO Håkan Samuelsson
Volvo Cars has announced the return of former CEO Håkan Samuelsson to lead the company, replacing Jim Rowan, who stepped down after just three years.
Samuelsson will serve a two-year term...
TSLA327.510-5.3%
GM86.760-2.59%
F13.840-0.1402%
RIVN15.930-0.43%
CYD46.9300.17%
HMC31.310-0.39%
TM188.220-1.6%
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AN208.6200.16%
GPI266.110-0.15%
ABG209.4101.66%
SAH81.0200.41%
TSLA327.510-5.3%
GM86.760-2.59%
F13.840-0.1402%
RIVN15.930-0.43%
CYD46.9300.17%
HMC31.310-0.39%
TM188.220-1.6%
CVNA72.4800.48%
PAG218.0001.34%
LAD378.5500.22%
AN208.6200.16%
GPI266.110-0.15%
ABG209.4101.66%
SAH81.0200.41%
TSLA327.510-5.3%
GM86.760-2.59%
F13.840-0.1402%
RIVN15.930-0.43%
CYD46.9300.17%
HMC31.310-0.39%
TM188.220-1.6%
CVNA72.4800.48%
PAG218.0001.34%
LAD378.5500.22%
AN208.6200.16%
GPI266.110-0.15%
ABG209.4101.66%
SAH81.0200.41%
Volvo
Volvo adjusts production strategy amid market challenges and increased competition
Volvo reported a 12% rise in operating income for 2024, reaching $2.04 billion, driven by an 8% increase in sales and record revenue. However, the company is bracing for significant...
Volvo’s October sales rise 3%, driven by strong EV demand
Today, Volvo Cars reported global sales of 61,686 units, marking a 3 percent increase year-over-year. Although the automaker faced declining sales in both the U.S. and China, the strong demand...
Europe’s automakers take diverging paths on EVs and hybrids as U.S. market challenges persist
European automakers are adopting varying strategies to navigate the evolving automotive landscape, particularly in the U.S. market, where consumer preferences and regulatory pressures continue to influence decisions.
Volkswagen, a leader in...
Automakers pivot strategies amid cooling EV enthusiasm and market challenges
Automakers are adjusting their strategies in response to cooling electric vehicle (EV) sales growth, high vehicle prices, and uncertain political outcomes. This shift significantly departs from the ambitious EV goals...
Volvo delays launch of EX30 in the U.S. to 2025 amid production ramp-up in Belgium
Volvo has announced a delay in the launch of its smallest and most affordable electric vehicle (EV), the EX30, in the U.S. Initially expected to arrive by the end of...
Volvo recalls all new EX30 electric SUVs over display software bug
Volvo Car has recalled all of its newly launched fully-electric EX30 sports utility vehicles due to a bug in the display software. The Swedish automaker, which began delivering the EX30...
Volvo Cars introduces a ‘battery passport’ to track metals in EV batteries
Swedish automaker Volvo Cars is introducing a new supply-chain tracker that allows customers to trace the sources of essential raw materials in its EV batteries. This move comes as the...
10 of the most exciting vehicles hitting the streets in 2024
What better way to welcome the new year than by checking out what breakthrough vehicles are on the horizon in 2024? We’ve highlighted 10 of the most exciting examples.
Of course,...
UAW launches ambitious campaign to unionize non-Detroit automakers
The United Auto Workers (UAW) union has announced a bold initiative to organize 13 non-union automakers operating in the United States. This announcement comes in the wake of the UAW's...
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