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Volvo Cars
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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