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2023-05-03 08:55:18 ET Volvo Car AB ( OTCPK:VOLAF ), which is majority-owned by Chinese automaker Geely Holding ( OTCPK:GELYF ) reported sales growth of 10% Y/Y to 51,976 cars in April, down from March sales of 63,132 units. Electrified Recharge models, with a fully ...
2023-05-02 07:55:41 ET Summary No matter what happens, Volvo Group always has a strategy to protect its profits. In the past year, restrictive order intake has helped its profitability. Strong service growth, fueled by important tailwinds (aging fleets and pent-up demand), sho...
2023-04-29 04:56:36 ET Summary Volvo Group has seen strong growth in sales and overall earnings in the most recent quarter. Truck demand remains strong and production bottlenecks are showing signs of easing. I take a bullish view on Volvo Group. Investment Thesis: I ...
2023-04-20 12:00:07 ET AB Volvo (publ) (VOLAF) Q1 2023 Results Conference Call April 20, 2023 03:00 AM ET Company Participants Christer Johansson - IR Martin Lundstedt - CEO Jan Ytterberg - CFO Conference Call Participants Agnieszka Vilela - Nordea ...
2023-04-20 11:54:01 ET Volvo AB press release ( OTCPK:VOLAF ): Q1 GAAP EPS of SEK6.35. Revenue of SEK131.4B (+24.8% Y/Y). For further details see: Volvo AB GAAP EPS of SEK6.35, revenue of SEK131.4B
2023-04-17 11:52:41 ET Summary AB Volvo saw good delivery numbers as semiconductor issues let up from last year. Orders are down signaling a downturn in trucks and other consumer durables, with China hitting the construction segment especially hard. Still flat volume forecast for ...
2023-04-12 06:31:46 ET Swedish truck manufacturer Volvo ( OTCPK:VOLAF ) reported a record Q1 profit on Wednesday. The vehicle manufacturer posted preliminary SEK 131.4B ($12.64B) and adjusted operating income to SEK 18.4B ($1.77B). Operating margin expanded by 200 basis poin...
2023-03-28 08:17:28 ET Summary Daimler Truck is the largest truck and bus manufacturer in the world in terms of revenue. Since it has only been recently spun off from Mercedes, it seems like the company is still ignored. After a full year as a standalone company, Daimler Truck...
2023-03-13 12:03:30 ET Morgan Stanley started coverage of Nikola Corporation ( NASDAQ: NKLA ) at a Hold-equivalent rating on monday, arguing that the risk/reward is balanced at present. Equity analyst Dillon Cumming applauded the strides the company has made in terms of manu...
2023-03-13 11:56:32 ET Summary Nikola and Iveco signed a partnership to build in Ulm, Germany, the Nikola Tre. Since 2019, things have played out much differently from the original plan and Nikola Tre BEV production has just started. Understanding this partnership is a way to ...
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Extraordinary General Meeting of AB Volvo AB Volvo hereby gives notice to the Extraordinary General Meeting Tuesday, June 29, 2021 PR Newswire GOTHENBURG, Sweden , June 3, 2021 /PRNewswire/ -- Due to the extraordinary situation as a result of the COVID-19 pan...
AB Volvo's Board of Directors proposes a distribution of the proceeds from the sale of UD Trucks PR Newswire GÖTEBORG, Sweden , June 1, 2021 /PRNewswire/ -- AB Volvo's Board of Directors proposes that the proceeds from the sale of UD Trucks are to be distr...
Volvo Group and Daimler Truck AG fully committed to hydrogen-based fuel-cells - launch of new joint venture cellcentric PR Newswire GOTHENBURG , Sweden and STUTTGART, Germany , April 29, 2021 /PRNewswire/ -- Today, two leaders of the commercial vehicle...