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VOLVY News and Press, Volvo AB ADR B From 02/17/22

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Company Name: Volvo AB ADR B
Stock Symbol: VOLVY
Market: OTC

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VOLVY - European Union new car sales down 6% in January

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 ...

VOLVY - Northvolt produces Europe's first lithium ion battery cell

Swedish battery maker Northvolt says it has produced its first lithium ion battery cell, meeting its deadline to begin assembly at its gigafactory before the end of 2021. The Tesla (NASDAQ:TSLA) rival says it is the first battery of its kind to have been fully designed and produced at a large...

VOLVY - Cummins, In Transit

Cummins has an axle in the old world of fossil fuels and another in the new world of green energy. Its leadership and alliances should help ensure that they and their customers can make the transition. The company’s strong financial condition and low P/E point to a stock wo...

VOLVY - DFDS extends its record order with another 25 electric trucks from Volvo Trucks

Volvo Trucks (OTCPK:VLVLY) has received an order for an additional 25 heavy electric trucks from DFDS, Northern Europe's largest shipping and logistics company. The new vehicles are on top of the record order of 100 Volvo FM electric trucks made in October, adding up to ...

VOLVY - Catalyst watch for next week: FOMC and OPEC meetings, Beyond Meat hits McDonald's stores and more eyes on crypto

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...

VOLVY - Volvo Group launches world's first vehicle using fossil-free steel

Volvo Group (OTCPK:VLVLY) unveils the world-first vehicle made of fossil-free steel from SSAB at a green steel collaboration event today. The company also announced that more vehicles will follow in 2022 in what will be a series of concept vehicles and components using fossil-free steel ...

VOLVY - Volvo Trucks bags record order for 100 Volvo FM Electric trucks from DFDS

Volvo Trucks (OTCPK:VLVLY) has received an order for 100 Volvo FM Electric trucks from DFDS, Northern Europe's largest shipping and logistics company. It is the largest commercial order till date for Volvo electric trucks, and one of the largest ever for heavy electric trucks worl...

VOLVY - European Union passenger car registrations down 19.1% in August and 23.2% in July

After four months of accelerated growth, European Union car registrations slipped 19.1% Y/Y in August to 622,993 units, followed by 23.2% decline in July to 823,949 units. The market picked up with +87.3% in March, +218.6% in April, +53.4% in May and +10.4% in June, after ...

VOLVY - Volvo bags largest electric trucks order in North America

Volvo (OTCPK:VLVLY) has received an order for 16 Volvo VNR Electric Class 8 trucks-the largest commercial order of the North American zero-tailpipe emission model to date from Maersk Company, a warehousing and distribution company. The VNR Electric model from Volvo Trucks North America i...

VOLVY - Luminar Technologies: The Market Is Wrong

The stock has been on a downtrend for the last six months. This downside is in contrast to the flurry of good news as to commercial programs. The company is also making progress on production and getting control on the supply chain. Valuations remained on the high side when co...

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