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The Crisis for Electric Cars - "Rather an Adjustment"

Declining sales, halted investments, scrapped targets, lowered forecasts, and cutbacks. The electric car industry in Europe is facing headwinds.

The Crisis for Electric Cars - "Rather an Adjustment"

The title in English is: Share price fall for Mercedes after profit warning

The German car manufacturer Mercedes' share falls hard – down by almost 8 percent on the Frankfurt Stock Exchange. The share price fall comes after the German car manufacturer on Thursday lowered its profit forecast for 2024.

The title in English is: Share price fall for Mercedes after profit warning

Stock Market Weakens Ahead of the Weekend

Thursday's interest rate party turned into a recoil downwards on the Stockholm Stock Exchange. The OMXS index fell by 0.

Stock Market Weakens Ahead of the Weekend

Northvolt company seeks billion grant for factory

Volvo Cars and Northvolt's jointly owned company Novo Energy wants 12. 7 billion kronor from the state for the construction of the battery factory in Torslanda, Gothenburg, reports [Dagens Nyheter.

Northvolt company seeks billion grant for factory

New tariffs on electric cars from China may be reduced

The EU is expected to adjust downwards in the near future the customs duties that are to be imposed on electric cars manufactured in China from November, reports the news agency Bloomberg, citing anonymous sources. .

New tariffs on electric cars from China may be reduced

Volvo defends new targets: "2030 is just a figure"

Adjusted financial target and scrapped electric car target. Despite this, there is no crisis at Volvo Cars, the company claims – instead, the car manufacturer has been forced to adapt to an uncertain market.

Volvo defends new targets: "2030 is just a figure"

The Stock Exchange Fell – Weak US Figure Weighed

The Stockholm stock exchange continued to fall on Thursday for the fourth day in a row. The broad OMXS index fell by 0.

The Stock Exchange Fell – Weak US Figure Weighed

Volvo Cars scrapes electric car goal

Volvo Cars is now scrapping the company's goal of being fully electrified by 2030. .

Volvo Cars scrapes electric car goal

The stock market fell across the board

A new wave of concern for recession in the USA swept over the market on Wednesday, and the Stockholm stock exchange fell broadly. The OMXS index fell 1.

The stock market fell across the board

The stock market falls across the board

A new wave of recession fears in the USA is sweeping over the market. The Stockholm stock exchange is falling across the board.

The stock market falls across the board

Excessive Emissions - Volvo Cars Recalls Cars

Excessive emissions are causing Volvo Cars to recall five different Volvo models, reports the magazine Vi bilägare. The car models affected are: S90, V90 and V90 Cross Country built between April 30, 2018–August 23, 2020, as well as XC60 and XC90 manufactured between November 13, 2017–May 12, 2019.

Excessive Emissions - Volvo Cars Recalls Cars

Continued huge loss for Polestar

The Swedish car manufacturers made a loss of 466 million dollars for the first half of the year, corresponding to 4. 8 billion kronor.

Continued huge loss for Polestar

New CEO for Polestar

The electric car manufacturer Polestar is changing its CEO. Michael Lohscheller, previously CEO of Opel, will take over from October 1, according to a press release from the company.

New CEO for Polestar

Increased sales for Volvo Cars

Volvo Cars sold over 57,400 cars worldwide in July. This represents an increase of 6 percent compared to the same period last year.

Increased sales for Volvo Cars

Broad decline on the stock exchange – red among major companies

The stock market in Stockholm fell on Thursday, with the OMXS index at minus 2. 1 percent at closing.

Broad decline on the stock exchange – red among major companies

Despite the Price Drop - This Is Why You Shouldn't Worry

Several major companies have fallen heavily after this week's interim reports. Is there cause for concern? Not at all, assesses Lars Söderfjell, equity manager at Ålandsbanken.

Despite the Price Drop - This Is Why You Shouldn't Worry

Reporting Volvo among the locomotives on the stock exchange

The Stockholm Stock Exchange was sideways in the waves from the report flood from the major companies. AB Volvo, Volvo Cars, and Getinge were locomotives after strong reports.

Reporting Volvo among the locomotives on the stock exchange

Volvo Cars: "Tariffs will obviously have an impact"

Volvo Cars is one of the car manufacturers affected after the EU Commission introduced punitive tariffs against China. It is obvious that the tariffs will affect us in the short term, says Volvo Cars' finance chief Johan Ekdahl.

Volvo Cars: "Tariffs will obviously have an impact"

Ahead of the Reporting Period – the Factor that Triggers a Stock Market Rally

In the midst of high summer, it's time – next week the reporting season for listed companies kicks off. Danske Bank's senior strategist Maria Landeborn points out what can trigger a stock market rally.

Ahead of the Reporting Period – the Factor that Triggers a Stock Market Rally

So high are the tariffs against Chinese electric cars

The EU is now punishing Chinese electric car manufacturers with punitive tariffs. Among those affected to the greatest extent are giants BYD and Geely, the owner of Volvo.

So high are the tariffs against Chinese electric cars

Workshop company drops on positive stock market

The Stockholm Stock Exchange rose on Wednesday, but the increase was dampened by declines in telecom equipment manufacturer Ericsson and a few other industrial giants. The broad OMXS index closed at plus 0.

Workshop company drops on positive stock market

Increased loss for Polestar

The electric car manufacturer Polestar reports an increased loss for the first quarter of the year. The company's revenue also decreased - but delivery volumes have recovered during the second quarter.

Increased loss for Polestar

Polestar's massive blow: 15.5 billion kronor

The Gothenburg-based electric car manufacturer Polestar, with Volvo Cars as a part-owner, reports an operating loss of 1. 46 billion dollars (equivalent to 15.

Polestar's massive blow: 15.5 billion kronor

Inflation news boosted the Stockholm stock exchange

The Stockholm Stock Exchange ended the week on a plus after fresh statistics showed that inflation fell as expected in the USA in May. The OMXS index increased by 0.

Inflation news boosted the Stockholm stock exchange