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Volvo Cars core operating profits rise in first quarter on higher retail sales

Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales. ....

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Volvo bids farewell to diesel with final XC90, eyes electric future

The XC90 sport utility vehicle rolled off the line at the Torslanda plant in Sweden on Tuesday evening. Volvo Car is phasing out the technology just as global demand for electric vehicles is cooling, though it’ll still make cars with gasoline engines. ....

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Volvo shares jump 21% on higher sales, plans to stop Polestar funding

Volvo Cars shares surged more than 20% on Thursday after the Swedish automaker announced that it will stop funding subsidiary Polestar Automotive. ....

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