Volvo’s Profit Falls More Than Expected but Orders Surge
Volvo's fourth-quarter profits fell more than expected as a drop in sales contributed to a squeeze on profit margins, while order intake rose strongly. The Swedish truckmaker's shares were up about 3 per cent in early trading on Wednesday.
Northvolt agreed with Volvo Cars on Wednesday to sell the battery maker's stake in their joint venture NOVO Energy for an ...
A decrease in truck sales in North America and Europe plus increased production costs in the U.S. dragged on Volvo Group AB ...
Probably not coincidentally, the brand announced this week that it would be unveiling a Cross Country version of the model on ...
Volvo's fourth-quarter profits fell more than expected as a drop in sales contributed to a squeeze on profit margins, while ...
Northvolt, a Swedish battery maker under bankruptcy protection, is selling its stake in Novo Energy to Volvo Cars, ceasing ...
Volvo Construction Equipment net sales were $8.0 billion in fiscal year 2024, down 15% from $9.5 billion the previous year.
Volvo Cars and Northvolt, which is under bankruptcy protection, formed the joint venture in 2021 to build a battery factory ...
Northvolt agreed to sell its interest in the joint venture NOVO Energy with Volvo Cars, as the battery maker navigates U.S.
Deutsche Bank analyst Nicolai Kempf maintained a Buy rating on Volvo AB (0HTP – Research Report) today and set a price target of SEK310.00.
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