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Stockholm Stock Exchange Surges 1.5 Percent Amid Strong Company Reports

The Stockholm stock exchange's broad OMXS index climbed 1. 5 percent on Thursday.
Stockholm Stock Exchange Surges 1.5 Percent Amid Strong Company Reports

Volvo CEO Assures Gothenburg Factory Stability Amid US Production Shift

Volvo Cars reports a loss in the second quarter after a massive write-down. At the same time as the company is implementing major cost savings and moving production to the USA, CEO Håkan Samuelsson says there is no reason to worry about the factory in Torslanda.
Volvo CEO Assures Gothenburg Factory Stability Amid US Production Shift

Volvo Cars to Shift XC60 Production to USA by 2026

Volvo Cars will begin building its bestseller XC60 in the USA, the company writes in a press release. .
Volvo Cars to Shift XC60 Production to USA by 2026

Volvo Cars Stock Rebounds on Stockholm Exchange Before Interim Report

Despite Monday's large one-time write-down, Volvo Cars is rising on the Stockholm stock exchange ahead of Thursday's interim report. Looking ahead a bit, one can probably say that the conditions should be quite good, says Handelsbanken's automotive analyst Hampus Engellau.
Volvo Cars Stock Rebounds on Stockholm Exchange Before Interim Report

Stockholm Stock Exchange Dips but Closes Slightly Up

After having been more substantially on the plus side for large parts of the trading day, the Stockholm stock exchange fell downwards but the OMXS index still closed at a plus of 0. 1 percent.
Stockholm Stock Exchange Dips but Closes Slightly Up

Volvo Cars Announces 11 Billion Kronor Write-Down Amid Market Challenges

Volvo Cars is making a one-time write-down of 11. 4 billion kronor, the company announces in a press release.
Volvo Cars Announces 11 Billion Kronor Write-Down Amid Market Challenges

Stockholm Stock Market Drops After Trump's Tariff Announcement

The weekend's tariff game from President Donald Trump made the Stockholm stock exchange back down. The OMXS index had fallen by 0.
Stockholm Stock Market Drops After Trump's Tariff Announcement

Volvo Cars' Global Sales Drop 12 Percent in June 2025

Volvo Cars' global sales decreased by 12 percent in June 2025 compared to the same month the previous year. A total of 62,858 cars were sold during the month, according to a press release.
Volvo Cars' Global Sales Drop 12 Percent in June 2025

Tesla and Volvo Face Decline in EU Car Registrations

It points weakly upwards for new registrations of passenger cars in the EU, according to monthly figures from the industry organization Acea. But for the American electric car manufacturer Tesla, it goes steeply downhill.
Tesla and Volvo Face Decline in EU Car Registrations

Volvo Recalls Thousands of Cars in Sweden for Brake Software Issue

Volvo cars is recalling thousands of cars after a fault in the software that affects the brakes, writes Dagens Nyheter. The fault concerns cars with electric motors with model years 2025 and 2026 that have automatic braking when the gas pedal is released.
Volvo Recalls Thousands of Cars in Sweden for Brake Software Issue

Volvo Cars Sales Decline 12% in May with Electric Models Down 20%

Volvo Cars fell by twelve percent in May to 59,822 cars, compared to May last year. The sale of electric cars, pure electric cars and hybrids, accounted for 44 percent of the sales, which was 20 percent fewer than the same month last year, according to a press release.
Volvo Cars Sales Decline 12% in May with Electric Models Down 20%

Volvo Cars Credit Rating Outlook Lowered by S&P Global

The car manufacturer Volvo Cars' credit rating has been given negative outlook by S&P Global, reports Bloomberg with reference to the rating institute. .
Volvo Cars Credit Rating Outlook Lowered by S&P Global

Tesla EU Sales Drop by Half in April 2023

The number of sold Tesla cars decreased significantly in the EU in April, new figures show. But overall, electric car sales.
Tesla EU Sales Drop by Half in April 2023

Volvo Cars Cuts 3,000 Jobs Amid Global Restructuring

One of Sweden's most well-known companies – Volvo Cars – is cutting back with 3,000 jobs. The notice is one of the largest in the company's history.
Volvo Cars Cuts 3,000 Jobs Amid Global Restructuring

Polestar Reports Reduced Losses in First Quarter 2023

The Gothenburg-based electric car maker Polestar shows a net loss of 190 million dollars (approximately 1. 9 billion kronor) for the first quarter of the year.
Polestar Reports Reduced Losses in First Quarter 2023

Geely to Acquire Full Ownership of Zeekr in $6.4 Billion Deal

Volvo Cars owner, Chinese Geely, is on its way to make a bid on Zeekr. Geely is already a major shareholder but now wants to buy out the company from the stock exchange and place the electric car manufacturer in the joint company Geely Automobile Holding controlled by Li Shufu.
Geely to Acquire Full Ownership of Zeekr in $6.4 Billion Deal

Novo Energy Cuts 50 Percent of Workforce at Volvo Battery Plant

Novo Energy, which operates the battery factory at Volvo Cars, is laying off half of its staff. The company announced this in a press release.
Novo Energy Cuts 50 Percent of Workforce at Volvo Battery Plant

Volvo Cars Sales Decline 11 Percent in April

Volvo Cars fell by eleven percent in April to 58,881 cars compared to the same month last year. The sales of fully electrified cars plummeted by 32 percent to 11,697, according to a press release.
Volvo Cars Sales Decline 11 Percent in April

Stock Market Stagnates as Workshop Companies Face Declines

The Stockholm stock exchange began the trading week downward, but the broad OMXS index recovered on Monday afternoon and closed unchanged. .
Stock Market Stagnates as Workshop Companies Face Declines

Factory Giants Drag Down Stockholm Stock Exchange

The Stockholm stock exchange's broad OMXS index fell 0. 4 per cent on Tuesday, weighed down by declines in engineering companies whose results did not meet the forecasts.
Factory Giants Drag Down Stockholm Stock Exchange

Volvo Union Reports Growing Anxiety Amid Staff Reduction Plans

It has been a turbulent spring for the automotive industry. Now, the anxiety is increasing even more after the announcement of staff reductions, notes Adrian Avdullahu, chairman of the IF Metall club at Volvo Cars.
Volvo Union Reports Growing Anxiety Amid Staff Reduction Plans

Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts

The car manufacturer Volvo Cars is to save billions. The company is now announcing major staff cuts.
Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts

Few Clear Losers in Swedish Companies' Report Season So Far

Two weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases.
Few Clear Losers in Swedish Companies' Report Season So Far

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock.
Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
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