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Volvo Cars

New - smaller model - to boost Polestar

The electric car manufacturer Polestar is launching a new smaller electric SUV called Polestar 7, the company announces. .

New - smaller model - to boost Polestar

Record year ended down for Volvo Cars

The car manufacturer Volvo Cars' sales in December last year fell to 73,804 cars, a decrease of 3 percent compared to December a year earlier. Despite the decline, Volvo Cars notes a new global sales record, with 763,389 cars sold during the full year 2024, an increase of 8 percent compared to the previous year.

Record year ended down for Volvo Cars

Volvo Cars surged on the stock exchange

The Stockholm stock exchange's broad OMXS index rose 0. 6 percent on Tuesday.

Volvo Cars surged on the stock exchange

Distribution Party on the Stock Exchange - "Must Be a Record"

It's being loaded up for a record-breaking payout party on the stock exchange this spring. The payouts are increasing by 11 percent to a total of approximately 326 billion kronor next year, according to a fresh prognosis from the major bank SEB.

Distribution Party on the Stock Exchange - "Must Be a Record"

Increased Sales for Volvo Cars

Volvo Cars sold 66,977 cars globally in November – an increase of 5 percent compared to the same period last year. It was primarily the EU and the USA that drove up sales, while China fell back by 8 percent compared to the same month last year.

Increased Sales for Volvo Cars

Continued Rise on the Stock Market

The Stockholm stock exchange rose across the board and went up for the sixth consecutive day. The OMXS index had risen 0.

Continued Rise on the Stock Market

Heavy pressure downward on car stocks

Car manufacturers' shares are being heavily pressed down on European stock exchanges, also on the Stockholm Stock Exchange where Volvo Cars is falling by 2. 4 percent.

Heavy pressure downward on car stocks

Sources: Ikea Sphere Plans Giant Listing

Ikea sphere's investment company Nalka is preparing a listing of the serial acquirer Asker Healthcare Group, writes Dagens industri. In that case, it would be the largest listing since Volvo Cars entered the Stockholm Stock Exchange three years ago.

Sources: Ikea Sphere Plans Giant Listing

He still believes in the German Northvolt factory

Germany's Minister of Economy and Vice Chancellor Robert Habeck is "cautiously optimistic" about crisis-stricken Northvolt's plans for a factory in Germany. Northvolt's problems must be taken seriously, but they are technically possible to solve, according to Habeck.

He still believes in the German Northvolt factory

Northvolt in crisis - "Dialogue is ongoing"

The crisis-stricken battery manufacturer Northvolt is considering applying for bankruptcy protection or bankruptcy, according to several media outlets citing sources. "The dialogue about future financing is ongoing," writes the company's press spokesperson Erik Zsiga to TT about the reports.

Northvolt in crisis - "Dialogue is ongoing"

Volvo Cars sells stake in Lynk for 8 billion

Volvo Cars is selling its 30-percent stake in car manufacturer Lynk. The buyer is Chinese Zeekr.

Volvo Cars sells stake in Lynk for 8 billion

The Stockholm Stock Exchange Cheered Up by Major Deals

The Stockholm Stock Exchange turned around a couple of days of gloominess and rose on Thursday. Among the winners, Volvo Cars and Embracer stand out after larger deals.

The Stockholm Stock Exchange Cheered Up by Major Deals

Volvo Cars closes car-sharing service

Volvo Cars is discontinuing the car-sharing service Volvo on demand. The service has been plagued by increased costs, which is why it is now being shut down, according to a press release from the car manufacturer.

Volvo Cars closes car-sharing service

Northvolt sells factory in California

The battery manufacturer Northvolt is selling a factory facility in San Leandro, California, to the American battery company Lyten. No price tag has been disclosed by Northvolt, whose hunt for new billions to address short- and long-term challenges continues.

Northvolt sells factory in California

Stock Market Rises – and New Bitcoin Record

The Stockholm Stock Exchange, like the larger European stock exchanges, began the week's trading with rising prices. The broad OMXS index rose 0.

Stock Market Rises – and New Bitcoin Record

Increased Sales for Volvo Cars

Volvo Cars sold over 61,600 cars globally in October – an increase of 3 percent compared to the same period last year. The increased sales are mainly due to a stronger demand for electric cars in Europe, the company writes in a press release.

Increased Sales for Volvo Cars

Volvo Cars wants to buy out Northvolt – breach of contract

Volvo Cars will exercise its right of redemption to oust crisis-stricken Northvolt from the jointly owned multi-billion project Novo Energy, according to the car manufacturer. This is because Northvolt has breached the shareholders' agreement.

Volvo Cars wants to buy out Northvolt – breach of contract

Volvo Cars: No Money to Northvolt

The car manufacturer Volvo Cars does not intend to participate in the financing that could save the crisis-stricken battery manufacturer Northvolt from bankruptcy, reports the news agency Bloomberg. Absolutely not, says Volvo Cars' CEO Jim Rowan.

Volvo Cars: No Money to Northvolt

Major Banks Soar on the Stock Exchange

It was a course rally in the major banks on Wednesday after strong quarterly reports, but the Stockholm Stock Exchange as a whole rose very moderately. The broad OMXS closed at plus 0.

Major Banks Soar on the Stock Exchange

Volvo Cars lowers its forecast - again

The electric car market is facing headwinds and Volvo Cars is lowering its sales forecast for the second time this year. But the electric car is still the future, believes CFO Johan Ekdahl.

Volvo Cars lowers its forecast - again

These are the risks on the stock market right now

It looks shaky ahead of the reporting season, which kicks off this week. The German automotive industry has set the tone with a series of profit warnings.

These are the risks on the stock market right now

Fear of China's Response: "Bad for Sweden"

The EU Commission's announcement to impose tariffs on Chinese electric cars has prompted China to threaten with its own tariffs on European export goods. The development worries Foreign Trade Minister Benjamin Dousa (M).

Fear of China's Response: "Bad for Sweden"

Stockholm Stock Exchange Turned Upward

The Stockholm stock exchange recovered after the morning's decline. At closing, the OMXS index stood at plus 0.

Stockholm Stock Exchange Turned Upward

More Expensive Electric Cars – but Unclear by How Much

Some fear a trade war with China when the EU introduces permanent tariffs on Chinese electric cars. How great an impact it will have on the European car market is difficult to say at present, says an analyst.

More Expensive Electric Cars – but Unclear by How Much