Search results for "volvo"

Volvo Cars said on Thursday it would stop funding Polestar Automotive Holding and was handing responsibility for the struggling luxury car brand over to Volvo’s top shareholder China’s Geely Holding.The announcement sent the Swedish automaker’s stock...

Volvo Cars, which is majority-owned by China’s Geely, will next week pause output at its plant in Gent in Belgium for three days due to delays caused by the security situation in the Red Sea, the...

Sweden-based Volvo Cars is recalling around 106,900 cars worldwide over a suspected fault related to the brakes, a Volvo Cars spokesperson said on Tuesday. The vehicles being recalled are of the 2023 year model of the...

Sweden-based Volvo Cars said on Thursday its car sales grew in December but fell for the full year due to lockdowns in China, component shortages and other supply chain trouble. Volvo Cars, which is majority-owned by...

Sweden-based Volvo Car AB said on Saturday it had taken 100% ownership of its autonomous driving (AD) software development subsidiary Zenseact. Volvo Cars acquired 13.5% of shares in Zenseact from ECARX, which made the AD software...

Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154 cars. “Overall underlying demand for the company’s cars continues to remain robust, especially for its Recharge range of pure electric...

Volvo Cars reported sales of 44,664 cars in July, down 21.5 percent compared with the same month last year. Demand for the company’s cars remains robust, especially for its Recharge range of pure electric and plug-in...

Volvo Cars U.S. said on Tuesday it was partnering with coffee giant Starbucks Corp to create a public electric vehicle (EV) charging network that is set to begin this summer. The Swedish automaker maker said that...

Volvo Cars will establish a tech hub in the Swedish capital of Stockholm it said on Friday, as it seeks to reach its goal to sell at least half of its cars online. The Gothenburg-based automaker...

Qualcomm Corp on Tuesday announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines. The San Diego,...