VOLVY News and Press, Volvo AB ADR B

Summary Volvo Group reported earnings with 2022 revenues soaring YoY. Investors may be concerned about order decline, but it is part of a thoughtful strategy Volvo Group's management has undertaken to defend its margins. Electrified vehicle sales are climbing upward, making Volvo a ...

Summary The Polestar stock has been an underperformer across the broader EV peer group in recent weeks, despite consistent delivery of fundamental outperformance amid unprecedented auto production challenges. A key driver could potentially be the underlying business' significant e...

The electrification of trucks is one of the major trends that will take place during this decade. Volvo Group is already a leader in this segment and is growing fast, with deliveries in the hundreds and orders in the thousands. Nikola has just delivered its first trucks, but it is...

The following provides a roundup of 2Q22 delivery and production volumes observed across EV OEMs within our coverage (TSLA; RIVN; LCID; PSNY; NIO; XPEV). Most EV OEMs have outperformed volume expectations in the second quarter despite recent China lockdowns that have exacerbated suppl...

Volvo, manufacturer of trucks, buses and equipment, did quite well for the FY but there are headwinds on the horizon. China's economic woes are an issue for the equipment segment, and semiconductor shortages are stymying hope for sales growth. Freight conditions are making things ...

Gores Guggenheim ("GGPI") announced its planned de-SPAC transaction with Volvo- and Geely-backed electric vehicle maker Polestar last year. The transaction is expected to close in the first half of 2022. The GGPI stock continues to trade at a discount to other EV pureplays, despit...

Volvo (OTCPK:VLVLY) reports sales declined 22.1% to 58,677 units in March, impacted by shortages of a specific semiconductor. The number of active subscriptions at the end of March had increased by 174% Y/Y. European sales in March fell 30.4% to 26,954 cars and in Q1 fell 25.6% to 65,157 cars...

Due to supply-chain issues increased by the war in Ukraine, new passenger car registrations in the EU fell by 6.7% to 719,465 units in February 2022, followed by 6% decline in January. The four major EU markets reported mixed results: Italy -22.6%, France -13.0% while...

CVG is taking serious action to shore up the profitability of its legacy Vehicle Solutions business, renegotiating supply agreements to protect margins, and letting uncooperative customers (Volvo) go. Management has staked the company's future on automation and electrification, where ...

Due to ongoing semiconductor shortage still negatively affecting car sales across the region, new passenger car registrations in the EU fell by 6% to 682,596 units in January 2022, followed by 22.8% decline in December. Of the four major EU markets double-digit declines were seen in ...