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Volvo Cars

Vehicle Company Goes Bankrupt – 1,400 Employees Affected

IAC Group Sweden, which supplies components to Volvo companies and Scania, has been declared bankrupt. The company has approximately 1,400 employees in Sweden.

Vehicle Company Goes Bankrupt – 1,400 Employees Affected

Volvo Cars delays deliveries to the USA

Volvo Cars is bringing forward the delivery date for the electric car EX30 to the USA. In fact, deliveries of the EX30 to the USA were due to start in the autumn, but that will not be the case.

Volvo Cars delays deliveries to the USA

Interest Rate Chill Sends Stock Market Down

The Stockholm Stock Exchange fell on Thursday in line with leading European stock exchanges. The broad OMXS index dropped 1.

Interest Rate Chill Sends Stock Market Down

Volvo moves production from China to Belgium

Volvo Cars has started moving parts of its Chinese electric car production to Gent in Belgium, reports The Times. This is happening at the same time as the EU is investigating new import tariffs on electric cars from China.

Volvo moves production from China to Belgium

USA figure gave the stock exchange an extra boost

Stockholm Stock Exchange rose and the crown was strengthened on Wednesday. Fewer American jobs than expected gave a little extra boost to the stock market.

USA figure gave the stock exchange an extra boost