Volvo AB

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q4 2023

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Earnings data Q3 2024

Earnings data Q4 2024

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Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services. The Trucks segment includes the production, development, and logistics for powertrain and parts. The Volvo Penta segment markets marine and industrial engines. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1927 and is headquartered in Goteborg, Sweden.

SHIPPENSBURG, Pa.--(BUSINESS WIRE)--Volvo Construction Equipment is making a major investment in technical training with a new $4.3 million training center in Shippensburg, PA.

Volvo Construction Equipment to Invest $4.3 Million in North American Training Facility

Geely Automobile Holdings Ltd

Geely has scrapped plans to merge its business with Volvo and will now focus its global ambitions on a joint venture with the Swedish carmaker on connected cars.

Geely ditches Volvo merger but still needs its partner to go global

Geely Automobile and sister company Volvo Cars will abandon merger plans but launch a new entity to combine their powertrain operations and expand cooperation on electric vehicles, the companies said on Wednesday.

Geely Auto and Volvo Cars to launch powertrain venture after merger scrapped

Deutsche Post AG

GÖTEBORG, Sweden, Feb. 23, 2021 /PRNewswire/ -- DHL Freight, one of the leading road freight providers in Europe, and Volvo Trucks have partnered to speed up the introduction of heavy duty electric trucks to be used for regional transport in Europe. The combined effort marks another...

DHL Freight and Volvo Trucks join forces to speed up transition to fossil free road transport on longer distances

AB Volvo (publ) (VOLAF) CEO Martin Lundstedt on Q4 2020 Results - Earnings Call Transcript

GÖTEBORG, Sweden, Feb. 3, 2021 /PRNewswire/ -- "In 2020, the global pandemic presented us with challenges that are unprecedented in modern times. Together with business partners and suppliers, we supported our customers through all stages of the crisis. We handled dramatic fluctuations in...

Volvo Group - the fourth quarter and full year 2020

Swedish truckmaker AB Volvo reported fourth-quarter core earnings above analysts' expectations on Wednesday, raised its forecasts for some of its main markets and rolled out a hefty shareholder payout.

Truckmaker Volvo profit tops forecast

Luminar Technologies

Luminar Technologies, Inc. and Volvo (VLVLY) unveiled a comprehensive lidar dataset called Cirrus that contains exclusive long-range lidar data from Volvo Cars' test and data collection fleet.

Luminar, Volvo Open Long Range Curated Lidar Dataset For Industry Developers, Researchers

GOTHENBURG, Sweden, Jan. 28, 2021 /PRNewswire/ -- The new business area Volvo Energy will strengthen the Volvo Group's business flow of batteries over the life cycle as well as the customer offer for charging infrastructure. At the same time, the environmental impact from electric and...

The Volvo Group creates business area dedicated to accelerating electrification

Volvo Financial Services (VFS), the captive financing arm of Volvo Group, has announced that Payer will help it optimize payments and improve the customer experience for auto service and repairs, a press release says. Payer works in payments technology.

Volvo Teams With Payer For Service And Repair B2B Optimization

Volvo Trucks North America (VTNA) and Mack Trucks are integrating vehicle and fleet identifications to help get repair parts to technicians faster and improve uptime. The Volvo Group siblings introduced PartsASIST as a one-stop online approach to replace the current Volvo and Mack SELECT Part Store.

Mack, Volvo speed parts delivery by linking truck and fleet IDs

STOCKHOLM, Jan. 25, 2021 /PRNewswire/ -- International transport companies face payment challenges in an increasingly globalized world. Both workshops and haulers have a common interest in smooth and secure payment flows to quickly ensure service and repair. As an important partner in one...

Volvo Financial Services chooses Payer to optimize payments and improve the customer experience

GÖTEBORG, Sweden, Jan. 20, 2021 /PRNewswire/ --The Volvo Group report for the fourth quarter 2020 will be published on February 3, 2021 at 7.20 a.m. CET. There will be a conference call for press and analysts starting at 9.00 a.m. CET. An online presentation of the report, followed by a...

Invitation to the Volvo Group report on the fourth quarter 2020

Baidu

Baidu, Inc (NASDAQ: BIDU) said Sunday it will form an intelligent electric vehicle (EV) company and forge a strategic partnership with Volvo parent Geely Automobile Holdings Limited (OTC: GELYY). What Happened: The Beijing-based internet firm, best known for its eponymous search engine, said it plans to establish a separate company that will make EVs.

Baidu Confirms Joining China EV Fray In Partnership With Volvo-Parent Geely

At Laredo, Texas-based carrier Super Transport International (STI), about 90% of the fleet of 500 vehicles are Volvo trucks. Company founder Ernesto Gaytan Sr. said Volvo makes the “best truck out there.

Volvo Trucks' Mexico exit raises concerns for carriers

Car maker Volvo Cars said on Thursday its sales grew 6% in December, marking a continued sharp recovery from the lows earlier this year in the wake of the pandemic.

Volvo Cars posts 6% December sales rise as recovery continues

Volvo Trucks North America (VTNA) is recalling 7,238 recently built 2021 heavy-duty trucks across four model lines in the U.S. and Canada because the parking brake can inadvertently set. Certain 2021 VAH, VHD, VNL and VNR model vehicles manufactured between July 8 and Dec. 8 may completely release the air brake line while under pressure because of a nonconforming pneumatic pass-through plate damaged during leak testing.

Volvo recalls 7,328 trucks for parking brake issue

The 12% federal excise tax (FET) on new heavy-duty trucks has lots of detractors who think the 103-year-old levy has long outlived its original purpose. That was to defray the costs of America fighting in World War I.

8 questions with Brett Pope, Volvo Trucks electric vehicles director

Volvo Trucks North America said Monday it has discontinued the sale of Class 8 trucks in Mexico, citing the economic disruption caused by the COVID-19 pandemic. “The global business scenario has changed significantly.

Volvo stops selling Class 8 trucks in Mexico

Swedish auto manufacturer Volvo is discontinuing its sale of Class 8 heavy-duty semi trucks in Mexico, local unit Volvo Trucks Mexico said in a statement on Monday, citing fallout from the coronavirus pandemic and changes in the transport industry.

Volvo halts sales of heavy semi trucks in Mexico

Volvo Trucks North America (VTNA) will begin building its regional haul VNR Electric truck on the same assembly line with diesel models in Virginia in early 2021. The electric model is being tested by fleets in Southern California as part of the $44.8 million Volvo-led Low Impact Green Heavy Transport Solutions (LIGHTS) demonstration program.

Volvo readies production of 50-state VNR Electric trucks

The large EV will be built alongside diesel semi tractors at Volvo Trucks' New River Valley assembly plant in Dublin, Virginia starting in early 2021.

Volvo's New VNR Electric Brings Zero-Emission Semis To North America

GREENSBORO, N.C., Dec. 3, 2020 /PRNewswire/ -- Volvo Trucks North America today announced the commercial introduction and sales start of its zero tailpipe emission, battery-electric vehicle to the North American market. The Class 8 Volvo VNR Electric truck model has a scheduled production...

Volvo Trucks Introduces the Volvo VNR Electric Model in the U.S., Canada

Swedish automaker Volvo may have switched to selling fully electric vehicles by 2030, its CEO Hakan Samuelsson said at the Financial Times Future of the Car Summit today. We saw Samuelsson's comments via Forbes.

Volvo may be electric-only by 2030, its CEO said

Samuelsson said he'd be shocked if Volvo wasn't a pure EV maker by 2030, with the company already planning to be halfway there by 2025.

News for Volvo AB Stock (VLVLY)