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Volvo Cars to slash costs worth billions following weaker performance
Volvo Cars cited a planned inventory reduction, as well as wider global auto industry turbulence as reasons for its lagging first quarter performance.
How China’s EV makers are navigating new paths to global expansion
Chinese EVs are particularly popular in European markets due to their affordability, sleek designs and sophisticated features.
Volvo Group posts lower sales and profits as tariff uncertainty hits
The Swedish truck maker’s first-quarter earnings declined sharply due to its sales falling in all regions and in almost all segments, as increased uncertainty surrounding tariffs and their effect on global trade persists.
Volvo CEO says 2025 will be a challenging year for motor industry
In a Euronews interview, the CEO of Volvo Cars warned that 2025 would be a tough one for the motor industry. He also shared his views on tariffs and the development of electric vehicle sales.
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Volvo Group struggles with slower sales as European truck demand falls
Volvo Group reported its latest financial results on Wednesday and highlighted slower sales in Europe due to a declining demand for trucks.
Volvo's earnings slip as freight and construction activity slows
The Swedish manufacturer saw a drop in vehicle sales and is predicting little growth for 2025.
Volvo exceeds revenue expectations for Q2, but lowers sales forecast
The company is also continuing to invest heavily in the green transition and electric vehicles (EVs), despite concerns that EV demand in Europe may be tapering off now.
Volvo sees record sales in March boosted by electric SUV sales
Volvo Cars saw robust sales in March 2024, boosted by the growing popularity of their fully electric and plug-in hybrid models.
In pictures: The end of the road for Volvo estate cars
Since the Swedish manufacturer's first model released in 1953, more than six million Volvo estate cars have been sold. Now they're coming to an end.
Volvo's new flagship all-electric SUV could power your home
The Swedish automobile maker's new EV supports bi-directional charging, allowing owners to transfer electricity from the car to their home.
Civil engineer jailed in Sweden for selling information to Russia
The man had sold confidential information about the Swedish truckmaker Scania to a Russian diplomat.
Some drivers fume at Renault’s plan to limit top speed to 180 km/h
The French carmaker plans to cap the speed of its new vehicles to 180km/h. That’s still higher than the fastest legal driving speed in France, but some drivers are not happy.
Sweden charges man for selling information to Russia
Sweden's Security Service says that Russia is "one of the main intelligence threats" against the country.
Volvo recalls nearly half a million cars due to safety concerns
Volvo is recalling up to half a million vehicles due to safety concerns linked to a manufacturer failure.
Volvo XC40 wins Car of the Year
The Volvo XC40 has been named Car of the Year 2018, beating six other finalists: the Alfa Romeo Stelvio, Audi A8, BMW 5-Series, Citroen C3 Aircross, Kia Stinger and Seat Ibiza.
Volvo Ocean Race: Third leg begins
The third leg of the Volvo Ocean Race has begun as the teams sail more than 6,000 nautical miles through the Southern Ocean to reach the Australian city of Melbourne