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Volvo Cars Torslanda Factory Halts Production Due to Material Shortage
Business News

Volvo Cars Torslanda Factory Halts Production Due to Material Shortage

Production at the Volvo Cars factory in Torslanda has come to a standstill due to a shortage of materials, reports Göteborgs-Posten.
Volvo Cars Sales Drop 14 Percent in July
Business News

Volvo Cars Sales Drop 14 Percent in July

Stockholm Stock Exchange Rises as Week Begins with Gains
Business News

Stockholm Stock Exchange Rises as Week Begins with Gains

After three trading days in decline, the Stockholm stock exchange started the week with increases. At the close, the broad OMXS index was up 0,7 percent
EU Car Sales Drop in June; Tesla Sees Significant Decline
Business News

EU Car Sales Drop in June; Tesla Sees Significant Decline

New car registrations in the EU fell by 7. 3 percent in June this year compared to the same month last year, according to statistics from the industry organization ACEA
Stockholm Stock Exchange Surges 1.5 Percent Amid Strong Company Reports
Business News

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
Volvo CEO Assures Gothenburg Factory Stability Amid US Production Shift
Business News

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 Cars to Shift XC60 Production to USA by 2026
Business News

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 Stock Rebounds on Stockholm Exchange Before Interim Report
Business News

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
Stockholm Stock Exchange Dips but Closes Slightly Up
Business News

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

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
Stockholm Stock Market Drops After Trump's Tariff Announcement
Business News

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
Volvo Cars' Global Sales Drop 12 Percent in June 2025
Business News

Volvo Cars' Global Sales Drop 12 Percent in June 2025

Tesla and Volvo Face Decline in EU Car Registrations
Business News

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
Volvo Recalls Thousands of Cars in Sweden for Brake Software Issue
Business News

Volvo Recalls Thousands of Cars in Sweden for Brake Software Issue

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

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

Volvo Cars Credit Rating Outlook Lowered by S&P Global
Business News

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.
Tesla EU Sales Drop by Half in April 2023
Business News

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
Volvo Cars Cuts 3,000 Jobs Amid Global Restructuring
Business NewsTop News

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
Polestar Reports Reduced Losses in First Quarter 2023
Business News

Polestar Reports Reduced Losses in First Quarter 2023

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

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

Novo Energy Cuts 50 Percent of Workforce at Volvo Battery Plant
Business News

Novo Energy Cuts 50 Percent of Workforce at Volvo Battery Plant

Volvo Cars Sales Decline 11 Percent in April
Business News

Volvo Cars Sales Decline 11 Percent in April

Stock Market Stagnates as Workshop Companies Face Declines
Business News

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.
Factory Giants Drag Down Stockholm Stock Exchange
Business News

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
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