Sweden: Latest automotive news & analysis

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Taking on Tesla - will Polestar prosper?

11 Jun 2020 | Glenn Brooks

Sales volume remains miniscule; still, Polestar believes it has everything in place to thrive as a seller of high priced cars and crossovers. Production of the first two models is underway, market launches in many countries will happen soon and additional models are coming into view. Will Volvo and Geely's fully charged sports EV division fly or falter?

Volvo Cars plots a path towards 2030

9 Jun 2020 | Glenn Brooks

A balanced spread of sales around the globe is helping Volvo Cars weather the ongoing storm. After China began to fall apart last year, the Swedish brand looked exposed yet that market's comeback is greatly helping Volvo to offset downturns in Europe and North America.

Geely and Volvo readying Lynk & Co for expansion [updated]

5 Jun 2020 | Glenn Brooks

Geely and Volvo's experiment with the creation of Lynk & Co has bounced between convincing and worrying, sales currently falling somewhere between the two. April deliveries shot up by a third compared to the same month in 2019 and fresh vehicles aren't too far away either.

ANALYSIS - Volvo XC60 B4 mild hybrid

17 Feb 2020 | Glenn Brooks

The XC60, coming up for three years old, is still Volvo's global best seller and one of the Premium D-SUV segment's top performers. The latest tweaks for this model include a range of petrol and diesel mild hybrid engines grouped under the new 'B' badge.

CEO Alain Visser on the future of Lynk & Co

9 Oct 2019 | Glenn Brooks

The chief executive of VCC and Geely's Lynk & Co division stated on several occasions in recent years that the brand would be selling half a million vehicles annually in 2020. That won't now happen, due to delayed launches in the USA and Europe as well as turbulence in the Chinese market. Nonetheless, what Geely chairman Li Shufu calls his 'disrupter' brand will push ahead with new ways of doing business on three continents.

Latest news

Geely's Volvo Cars reports 14.2% global sales growth in July

4 Aug 2020 | Graeme Roberts

Geely's Volvo Cars posted strong sales in July, with volumes up 14.2% compared with the same period last year.

Geely's Volvo sells 600,000 vehicles on CMA platform

4 Aug 2020 | Graeme Roberts

Geely's Volvo Car Group, including affiliates Lynk & Co and Polestar, said over 600,000 group vehicles based on the Compact Modular Architecture (CMA) platform, introduced in 2017, have been sold.

Northvolt inks US$1.6bn debt raise

3 Aug 2020 | Simon Warburton

Northvolt has signed a US$1.6bn debt raise provided by a consortium of commercial banks, pension funds and public financial institutions, increasing the total amount of capital raised to date for development of factories and R&D investments to more than US$3bn.

Scania’s production worldwide now 'fossil-free'

31 Jul 2020 | Dave Leggett

Scania has announced that all its 10 major production facilities worldwide are now powered by fossil-free electricity, the target set for 2020.

Volvo Cars forecasts recovery in second half of year

21 Jul 2020 | Dave Leggett

Geely-owned Volvo Cars has reported first half financial results severely dented by the impact of the COVID-19 crisis, but expects its business to recover in the second half of the year as car markets 'normalise'.

SKF posts H1 net sales down 25% to SEK16.6bn

21 Jul 2020 | Simon Warburton

SKF has reported first half net sales falling 25% organically to SEK16.6bn (US$1.9bn).

Autoliv adapting to the new normal

20 Jul 2020 | Graeme Roberts

Autoliv has summarised its second quarter results (for April - June 2020) simply as "adapting to weak but improving light vehicle production (LVP)".

Volvo on Call smartphone app now gives plug-in drivers insight into electric driving patterns

13 Jul 2020 | Dave Leggett

Drivers of Volvo plug-in-hybrid cars can now gain new insights into their electric driving patterns, as Volvo Cars introduces a range of new features on its Volvo on Call smartphone app in all Volvo on Call markets.

PowerCell Sweden joins EU REVIVE project

9 Jul 2020 | Simon Warburton

PowerCell Sweden is to participate in European Union project, REVIVE (Refuse Vehicle Innovation and Validation), which will develop and operate a refuse truck with fuel cells for Renova.

Volvo Cars invests in blockchain firm

8 Jul 2020 | Dave Leggett

Geely-owned Volvo Cars says it has made an investment in blockchain technology firm Circulor through the Volvo Cars Tech Fund, the company’s venture capital investment arm.

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