Volvo Group reported a 5% year-over-year decline in net sales for the third quarter, amounting to SEK 1,100 billion. Despite a solid adjusted operating margin of 10.6%, the company's stock fell by ...

Earnings call Volvo Group posted a 10.6% adjusted operating margin in Q3 despite a 5% YoY sales decline (1% growth FX-adjusted), driven by lower truck volumes in the Americas. Service revenue grew 4% ...

Volvo is embarking on a full-electric offensive in the United States of America for model year 2026. Beginning with a single-motor option for the EX30 small crossover, the battery-electric lineup will ...

A new hybrid vehicle, designed for the North American market and manufactured in the United States, will be added to Volvo's lineup by 2030. While details are currently unknown, the new vehicle will ...

Quick Group and Volvo Penta have joined forces to integrate Quick Nautical Equipment’s electric proportional manoeuvring thrusters with Volvo Penta’s Assisted Docking system. The integration is ...

Volvo has commenced production of its fully electric flagship SUV, the Volvo EX90, at their factory near Charleston, South Carolina. The Volvo EX90 marks a significant milestone as it is the first ...

Volvo announced it will start building the XC60 SUV right here in America. It's one of Volvo's hottest commodities, comprising 33% of all sales in the U.S. It recently overtook the classic 240 as the ...

Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, Group Functions and ...

Volvo Cars has temporarily halted production at its Ridgeville, South Carolina, facility due to a parts shortage. The plant, which produces the EX90 electric vehicle, faced a short shutdown but was ...

Charlen holds a BA Languages & Culture degree and has over a decade of experience in automotive journalism. His work experience includes stints at CAR Mag and News24 Motoring. Charlen didn't grow up ...

Volvo Penta is working with with Marineworks S.A. to establish a direct distribution model for propulsion solutions to shipyards and boatbuilders across Poland. The two companies already share over ...

The new Trump import tariffs have placed even greater scrutiny on U.S. manufacturing, with automakers now scrambling to pinpoint how much the new taxes will add to overall manufacturing costs. That ...