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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...
2023-05-02 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...
2023-04-20 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 ...
2023-04-12 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 ...
2023-03-08 01:00:00 ET Summary One investment idea that has grown to nearly 5% of the portfolio is Alta Equipment Group. We believe a proven core competency of Alta's is making accretive acquisitions, especially in times of economic uncertainty. One misperception in the market...
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 Tesla, Inc.’s Full Self-Driving capability is not really self-driving and unique. Mercedes-Benz Group AG’s Drive Pilot is much more advanced than the Tesla’s version. Mercedes’ valuation is attractive given its technologic advancements and financi...
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"Father of Green Chemistry" wins Volvo Environment Prize 2021 PR Newswire GOTHENBERG, Sweden , Oct. 28, 2021 /PRNewswire/ -- Paul Anastas, a Yale professor and pioneer in developing non-hazardous chemicals, wins the 2021 Volvo Environment Prize, one of the ...
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...