Volvo Cars will halt production at its Swedish plant in Torslanda by next week due to the continued shortage of semiconductor chips. “Due to the current material shortage situation, caused
Volvo Cars will halt production at its Swedish plant in Torslanda by next week due to the continued shortage of semiconductor chips. “Due to the current material shortage situation, caused
Volvo Cars reported the best half-year results in terms of sales and operating profit in its 94-year history. The half-year financial report showed the automaker achieved a revenue of 141
Volvo Cars have struck a deal to purchase parent company Zhejiang Geely Holding from their joint ventures in China. Geely, which also owns a 9.7% stake in Daimler, said this
When you want a truck engine that can balance efficiency with performance, then you will want to consider Volvo’s line of extraordinary engines. These engines are built to give you
Sweden’s Polestar, the electric automaker controlled by Volvo Cars, and its parent, Geely, has raised $550 million in external funding, according to the company. The financing is Polestar’s first external
Zhejiang Geely Holding said on Wednesday its unit Volvo Cars would explore capital market options such as a potential initial public offering (IPO) and stock market listing. Geely purchased Volvo
Volvo Cars will temporarily stop or adjust production in China and the United States for some days in March due to a global shortage of semiconductor chips. “We expect the
Volvo Cars’ worldwide sales performance continued to remain strong in February after the automaker posted 29.1 per cent growth for the first two months of the year compared with the
Volvo Cars will get rid of all car models with internal combustion engines by 2030, including hybrids. The automaker is also preparing to invest heavily in online sales and simplifying
China’s Zhejiang Geely Holding, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings to develop smart vehicle cockpit and



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