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Volvo Cars

Increased loss for Polestar

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

Polestar's massive blow: 15.5 billion kronor

Inflation news boosted the Stockholm stock exchange

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

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 delays deliveries to the USA

Interest Rate Chill Sends Stock Market Down

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 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

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