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2023-07-19 21:10:35 ET Summary Shares rallied to new multi-month highs after the company disclosed a letter of intent to contribute its HPDI fuel system technology to a new joint venture with key customer Volvo Group. With Volvo expected to acquire 45% of the proposed jo...
2023-07-19 14:48:02 ET AB Volvo (publ) (VOLAF) Q2 2023 Earnings Call Transcript July 19, 2023 03:00 AM ET Company Participants Johan Bartler - Head of IR Jan Ytterberg - CFO Martin Lundstedt - CEO Conference Call Participants Klas Bergelind - Citigrou...
2023-07-18 04:48:25 ET Summary AB Volvo is a leading global manufacturer of trucks, buses, construction equipment, and marine and industrial engines. The company is successfully transitioning to EVs. The company has grown well in the last decade, owing to its strong brand, deep in...
2023-07-14 09:51:01 ET Summary Paccar, up 66% over the past year, is among a group of hot truck manufacturing stocks whose prices have boomed along with sales and profits. As great as this momentum has been for investors, Paccar might be running too hot and is looking overvalued. ...
2023-07-06 07:38:17 ET Class 8 truck demand for June was seasonally soft with 516,200 units ordered on a preliminary basis. The order tally was up 5% from the level a year ago and was 4% higher than the activity in May. Preliminary Classes 5-7 trucker orders rose a modest 2% year-over-y...
2023-06-20 02:49:24 ET Summary Last month, Westport Fuel Systems reported somewhat better-than-expected Q1 results, but the business continues to consume significant amounts of cash. To avoid potential going concern language in the annual report, the company will likely be require...
2023-06-01 11:25:27 ET Summary Nikola and Iveco have ended their joint venture, with Iveco taking full ownership of the European operations and both companies continuing as regional players. Iveco will record a $44 million loss for this. Iveco needs to strengthen its electrifi...
2023-05-24 17:44:19 ET Summary Luminar Technologies, Inc. reported a big Q1 2023 beat, with revenues hitting a crucial milestone. The Lidar sensor company continues to guide to 100%+ growth in the years ahead after hitting 112% during Q1. Luminar Technologies stock remains che...
2023-05-21 04:27:27 ET Summary Geely Automobile Holdings April 2023 sales show a dramatic switch from hybrid (HEV and PHEV) to BEV in its electrified offerings. Curiously, Geely Auto is just getting started with Galaxy, a high-end electrified brand with its first release a PHEV; i...
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 ...
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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...