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Truck maker Volvo calls deal to buy China s JMC Heavy Duty

Swedish truck maker AB Volvo has called off its deal to buy JMC Heavy Duty Vehicle from China s Jiangling Motors Co because the closing conditions were not met, it said on Friday.. | May 12, 2023

Volvo Cars delays production of Volvo EX90

Sweden-based Volvo Cars is delaying production of its Volvo EX90 model for more software development and testing, the carmaker said on Thursday.. | May 11, 2023

Volvo Preliminary 1Q Sales Beats Expectations

By Dominic Chopping STOCKHOLM Volvo AB said late Tuesday that preliminary first-quarter net sales rose 25% on year to 131.4 billion Swedish kronor , beating the SEK118.4 billion expected in a. | April 12, 2023

Sweden s AB Volvo begins to lay off some Russian employees

Truck maker AB Volvo had begun laying off some of its Russian staff and to scale down operations, but has not made a decision to leave the country entirely, it said on Tuesday.. | July 5, 2022

Volvo Cars to invest $1 1 billion in Swedish plant for switch to EVs

STOCKHOLM -Volvo Cars will invest 10 billion crowns in its manufacturing plant in Gothenburg in the next few years to prepare for production of fully electric cars, it said on Tuesday.. | February 8, 2022

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