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Volvo Cars CEO says he doesn't think there will be any tariff changes
Business News

Volvo Cars CEO says he doesn't think there will be any tariff changes

Volvo Cars is in the firing line of President Donald Trump's new tariff threat. However, the company's CEO, Håkan Samuelsson, believes that Trump will back down again
Volvo Cars subsidiary Novo Energy lays off all 75 staff
Business News

Volvo Cars subsidiary Novo Energy lays off all 75 staff

Novo Energy, owned by Volvo Cars, is laying off 75 employees because it has not yet found a new partner for its battery factory in Gothenburg.
Volvo Cars recalls 413,151 cars again over rearview camera screen problem in US
Business News

Volvo Cars recalls 413,151 cars again over rearview camera screen problem in US

Volvo Cars sales rise in December as full-year 2025 sales fall 7 percent
Business News

Volvo Cars sales rise in December as full-year 2025 sales fall 7 percent

Volvo Cars increased car sales by 2 percent in December compared to a year ago, according to monthly statistics from the company.
Stockholm Stock Exchange reaches new record levels
Business News

Stockholm Stock Exchange reaches new record levels

The Stockholm Stock Exchange ended the third trading day of the year at record highs, with substantial gains among several major companies. The OMXS rose 2
Expert: EU detractors are getting their money's worth
Business News

Expert: EU detractors are getting their money's worth

A victory for the German car lobby. This is how Professor Björn-Ola Linnér sums up the proposal from the European Commission to lift the previous ban on new petrol cars after 2035
Sales decline for Volvo Cars
Business News

Sales decline for Volvo Cars

The Stockholm Stock Exchange saw red after jobs figures in the US
Business News

The Stockholm Stock Exchange saw red after jobs figures in the US

The Stockholm Stock Exchange fell from a slight plus to minus after unexpectedly weak jobs figures for November in the US. At the close, Stockholm's broad OMXS index had fallen 0
200 jobs are being laid off when Volvo company closes down
Business News

200 jobs are being laid off when Volvo company closes down

Volvo Cars will close its subsidiary Volvo Bil in Gothenburg, they write in a press release. Over 200 jobs will be affected
The government's reboot helped the US stock market
Business News

The government's reboot helped the US stock market

The final political vote to reopen the US government is near, which is cited as the reason for a slight rise in the New York Stock Exchange on Wednesday.
Volvo Cars sales are falling
Business News

Volvo Cars sales are falling

Volvo Cars decreased sales in October compared to the same month last year, their sales figures show.
Stockholm Stock Exchange steadily in the red
Business News

Stockholm Stock Exchange steadily in the red

The Stockholm Stock Exchange started Tuesday in the red and remained in that area for the rest of the day. At the close, the broad OMXS index had fallen 0
European Car Sales Rise 10 Percent in September
Business News

European Car Sales Rise 10 Percent in September

Registrations of new cars in the EU increased by 10 percent in annual terms in September, to 888,672, according to statistics from the industry organization Acea. It is the third month in a row with an increasing trend
Volvo Cars Soars 38% on Stockholm Stock Exchange After Strong Report
Business News

Volvo Cars Soars 38% on Stockholm Stock Exchange After Strong Report

Volvo Cars surged more than 38 percent on the Stockholm stock exchange after a positive quarterly report. At the same time, the broad OMXS index rose 0
Volvo Cars Stock Surges 35% Amid Cost-Cutting and Growth Plans
Business News

Volvo Cars Stock Surges 35% Amid Cost-Cutting and Growth Plans

Volvo Cars increases the result despite a declining sales after the savings have begun to take effect. The report makes the stock rush 35 percent on the Stockholm stock exchange
Volvo Cars Stock Surges as US Ban Concerns Diminish
Business News

Volvo Cars Stock Surges as US Ban Concerns Diminish

Small investor favorite Volvo Cars is soaring on the Stockholm stock exchange. This after major bank SEB has changed its stance on the stock and, among other things, assesses that there will not be a ban on Volvo cars in the USA
Volvo Expands US Production with XC60 Amid Tariff Impacts
Business News

Volvo Expands US Production with XC60 Amid Tariff Impacts

Volvo Cars is expanding its production in the USA with the bestseller XC60, among other things as a consequence of the tariffs. Before the end of the decade, a new hybrid model will also start being manufactured at the factory
Preem Ends Sponsorship with Vasaloppet Amid Criticism
Sports News

Preem Ends Sponsorship with Vasaloppet Amid Criticism

The fuel company Preem is stepping down as main sponsor for Vasaloppet when the current criticized agreement expires now in September.
Klarna's Valuation Tops 140 Billion Kronor Ahead of NYSE Debut
Business NewsTop News

Klarna's Valuation Tops 140 Billion Kronor Ahead of NYSE Debut

Klarna's introductory course on the New York stock exchange will be 40 dollars per share. This means a total valuation of Klarna of just over 15 billion dollars or approximately 142 billion kronor when the share is to start trading on Wednesday
Volvo Cars CEO Håkan Samuelsson Plans to Find Successor in Two Years
Business News

Volvo Cars CEO Håkan Samuelsson Plans to Find Successor in Two Years

Two years in the CEO position. Then it's definitely over for Håkan Samuelsson in Volvo Cars
Foreign Ownership Boosts Swedish Economy with Productivity Growth
Business News

Foreign Ownership Boosts Swedish Economy with Productivity Growth

Volvo Car Sales Drop 9% in August with Decline in Electric Models
Business News

Volvo Car Sales Drop 9% in August with Decline in Electric Models

Polestar Faces $739 Million Write-Down Amid US Tariffs and Weak Demand
Business News

Polestar Faces $739 Million Write-Down Amid US Tariffs and Weak Demand

The electric car manufacturer Polestar – with Volvo Cars as one of the major owners – is making a write-down of almost seven billion kronor for the model Polestar 3, citing increased US tariffs and weak demand for electric cars.
Klarna Heads to NY Stock Exchange but Swedish Small Investors Must Wait
Business NewsTop News

Klarna Heads to NY Stock Exchange but Swedish Small Investors Must Wait

Payment service giant Klarna is on its way to the New York stock exchange. But Swedish small investors cannot count on being able to get on the train ahead of time
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