Volvo Cars sales in May declined only 2.5 percent in the US

Volvo car images

Volvo Cars USA reports 9,519 cars sold in May 2020, making it a strong month-over-month result, dropping only 2.5 percent. Overall year-to-date sales declined 18.2 percent Sales were down just 2.5 percent, and the number reflects a strong result from the automaker’s business Coronavirus restart plan, swift activation of digital tools to support consumers, and […]

Polestar’s first all-electric vehicle to start at $59,900 in the US

Volvo Polestar 2

Polestar, the electric performance brand spun out of Volvo Cars, stated the base price of its first all-electric vehicle is going to be $59,900 in the United States, lower than originally assumed. The 2021 Polestar 2, an electric performance fastback, is the first electric vehicle to come out of a brand that was reintroduced three years earlier. Polestar […]

Daimler partners with Volvo for $1.3 billion Hydrogen fuel-cell joint venture

Images of Volvo V90 Cross Country

German automaker Daimler has announced on Tuesday that it is collaborating with Swedish auto giant Volvo to establish a $1.3 billion joint venture to make Hydrogen fuel-cell for trucks. Both the automaker are looking for green mobility options aggressively and the joint venture comes as part of their upcoming strategy. As Daimler Truck chairman Martin […]

Volvo Cars in talks with California to reach emissions deal

Images of Volvo Concept 40 Series EV Electric

Volvo Cars confirmed that it is in talks with California to reach a voluntary emissions agreement. Mary Nichols, who heads the California Air Resources Board, revealed earlier Volvo planned to join Ford Motor, Honda Motor, BMW AG and Volkswagen AG . In July, the four struck an agreement with California to embrace emissions standards that were more strict than the Trump […]

Volvo recalls 121,000 cars due to auto emergency braking failure

2018 Volvo XC40 images

Volvo has issued a recall concerning 121,605 of its vehicles for possible automatic emergency failure. The automaker filed with the National Highway Traffic Safety Administration (NHTSA) last week. Automatic emergency braking has brought the maximum convenience for a lot of drivers and passengers. It’s a function that makes people safe, but if the system is […]

Geely Holdings considering merger deal with Volvo Cars

Geely Holdings and Volvo Cars

Volvo Cars and its owner Geely Holding stated Monday they are thinking about combining their businesses to form a company that would speed up “financial and technological synergies between the two companies”. A combined company would maintain the unique identity of each of the brands Volvo, Geely, Lynk & Co and Polestar, Volvo’s electric brand. […]