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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 ...
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...
Volvo Cars is owned by Chinese Zhejiang Geely Holding Group, not Volvo AB (VLVLY), nor Geely Auto (GELYF). In 2020, Volvo Cars sold 661,713 vehicles, with China being the biggest market (25% of sales). Chinese influence is no doubt supportive of Volvo Cars' aggressive plans to bec...
Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germa...
The following slide deck was published by AB Volvo (publ) in conjunction with their 2021 Q2 earnings call. For further details see: AB Volvo (publ) 2021 Q2 - Results - Earnings Call Presentation
AB Volvo (VOLAF) Q2 2021 Earnings Conference Call July 20, 2021 03:00 AM ET Company Participants Claes Eliasson - SVP of Media Relations & Group Communication Martin Lundstedt - Group President and CEO Jan Ytterberg - Chief Financial Officer Conference Call Participants Tom Narayan - RBC ...
Daimler separating car and truck businesses by spinning out truck business. Volvo Group (trucks) focuses on electrification with BEV and FCEV developments. Daimler Truck and Volvo Group have a similar strategy with BEV trucks becoming mainstream and flirting with hydrogen which in...
Commercial vehicle registrations in the European Union increased 51.3% to 165,363 units in May, followed by +179.2% in April.Spain saw the highest growth with +89.6%, followed by Italy +51.3%, Germany +46.4% and France +28.4%.On YTD basis, commercial vehicle registrations ...
European Union car registrations rose 53.4% Y/Y in May to 891,665 units, far below the 1.2M cars sold in May 2019, followed by 218.6% rise in April.Registrations in Spain expanded +177.8%, followed by France +46.4%, Italy +43% and Germany +37.2%.On YTD basis, demand for passeng...
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...
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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...