Geely’s Volvo Cars has reported a cybersecurity breach.

In a statement, the automaker said it had “become aware that one of its file repositories has been illegally accessed by a third party.

“Investigations so far confirm that a limited amount of the company’s R&D property has been stolen during the intrusion. [We have] earlier today concluded, based on information available, that there may be an impact on the company’s operation.

“After detecting the unauthorised access, the company immediately implemented security countermeasures including steps to prevent further access to its property and notified relevant authorities.

“Volvo Cars is conducting its own investigation and working with third-party specialists to investigate the property theft.

“The company does not see, with currently available information, that this has an impact on the safety or security of its customers’ cars or their personal data.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now