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Volvo Cars and Veoneer complete divide of Zenuity

1 July 2020 | Dave Leggett

Volvo Cars and Veoneer complete divide of Zenuity Dave Leggett Volvo Cars and Veoneer, the automotive safety equipment company, have completed the process of dividing up Zenuity, the 50-50 joint vent... read more


Automakers scale back public events due to virus risk

13 March 2020 | Graeme Roberts

Automakers scale back public events due to virus risk Graeme Roberts Heavy truck and construction equipment maker Volvo AB has scaled back its annual general meeting after Sweden's public health agen... read more


Volvo Cars 2019 operating profit in black ink but flat

6 February 2020 | Graeme Roberts

Volvo Cars 2019 operating profit in black ink but flat Graeme Roberts Geely's Volvo Cars has reported operating profit up fractionally (0.8% year on year) to SEK14.3bn (US$1.5bn) operating p... read more


Volvo Cars reports third quarter 2019 results

28 October 2019 | just-auto plus

Volvo Cars reports third quarter 2019 results just-auto plus Volvo Cars continued to grow faster than the industry in Europe, China and the US. The growth in unit sales, revenue and profit was d... read more


Volvo boosts Q3 operating profit 90%

24 October 2019 | Graeme Roberts

Volvo boosts Q3 operating profit 90% Graeme Roberts Geely's Volvo Cars has boosted third quarter 2019 operating profit 90% to SEK3,492m. Global retail sales rose 7.7% to 166,878 cars and rev... read more


Volvo Cars and Geely intend to merge their combustion engine operations

8 October 2019 | just-auto plus

Volvo Cars and Geely intend to merge their combustion engine operations just-auto plus The proposed new business would clear the way for Volvo Cars to focus on the development of its all-electric ran... read more


AI-led start-up UVeye raises $31m

23 July 2019 | Dave Leggett

AI-led start-up UVeye raises $31m Dave Leggett Israeli company UVeye, which provides solutions for the automatic external inspection of vehicles, has raised an additional US$31m in funding, led by To... read more


Volvo Cars books record first half revenue

18 July 2019 | Graeme Roberts

Volvo Cars books record first half revenue Graeme Roberts Geely's Volvo Cars has reported record revenue for the first six months of 2019 of SEK130.1bn, up from SEK122.9bn a year ago. This f... read more


Daimler and partners to start Europe-wide cooperation project

4 June 2019 | just-auto plus Extended News

Daimler and partners to start Europe-wide cooperation project just-auto plus Extended News Working together for more safety in road traffic: In cooperation with HERE Technologies, Tom Tom and the tra... read more


Volvo Cars' Q1 operating profit falls

25 April 2019 | Graeme Roberts

Volvo Cars' Q1 operating profit falls Graeme Roberts Geely's Volvo Cars has reported global first quarter 2019 retail sales up 9.4% to 161,320 cars. Revenue rose 10.7% year on year to SEK62,... read more


Geely Auto boosts 2018 revenue and profit

25 March 2019 | Graeme Roberts

Geely Auto boosts 2018 revenue and profit Graeme Roberts Volvo Cars owner Geely Automobile Holdings said total revenue increased by 15% year on year in 2018 to RMB106.6bn as the group's average s... read more


Volvo Car UK names new national sales manager

19 February 2019 | just-auto plus Extended News

Volvo Car UK names new national sales manager just-auto plus Extended News Volvo Car UK has appointed Mark Cox to the position of National sales manager with immediate effect. In his new role, M... read more


Trade war hurts Geely's Volvo Cars

7 February 2019 | Graeme Roberts

Trade war hurts Geely's Volvo Cars Graeme Roberts Geely-owned Volvo Cars reported a fall in 2018 profit margins as a prolonged trade war between Washington and Beijing pushed up costs and resulted in... read more


Volvo Cars global sales up 16.7% in January 2019

6 February 2019 | just-auto plus Extended News

Volvo Cars global sales up 16.7% in January 2019 just-auto plus Extended News Volvo Cars started 2019 on a strong note after the company posted a 16.7% growth in global sales for January, compared to... read more


Volvo and Luminar to create advanced perception technologies

28 November 2018 | just-auto plus Extended News

Volvo and Luminar to create advanced perception technologies just-auto plus Extended News At AutoMobility Los Angeles, Luminar and Volvo Cars revealed advancements in perception capabilities that are... read more


Volvo boosts Q3 sales and revenue but operating profit halves

26 October 2018 | Graeme Roberts

Volvo boosts Q3 sales and revenue but operating profit halves Graeme Roberts Geely's Volvo Cars boosted retail sales 14% and revenue 18% year on year in the third quarter but product launch... read more


Volvo Cars Tech Fund invests in electric car charging company FreeWire

24 October 2018 | Graeme Roberts

Volvo Cars Tech Fund invests in electric car charging company FreeWire Graeme Roberts Geely's Volvo Cars has acquired a stake in electric car charging company FreeWire Technologies via its recent... read more


Volvo Group Q2 2018 sales up 18% to SEK103.6bn

20 July 2018 | just-auto plus Extended News

Volvo Group Q2 2018 sales up 18% to SEK103.6bn just-auto plus Extended News Truck, bus and construction equipment maker Volvo Group said it had increased both sales and profitability during the secon... read more


Volvo Cars reports record operating profit in Q2

19 July 2018 | Dave Leggett

Volvo Cars reports record operating profit in Q2 Dave Leggett Geely-owned Volvo Cars has reported its highest ever quarterly operating profit of SEK 4.2 billion (USD470m) for the second quarter of 20... read more


Volvo tech fund invests in LiDAR specialist Luminar

14 June 2018 | Graeme Roberts

Volvo tech fund invests in LiDAR specialist Luminar Graeme Roberts Geely's Volvo Cars has made its first strategic investment via its newly-founded fund with a stake in Luminar, a start-up developing... read more


Geely hires banks for Volvo Cars IPO - report

11 May 2018 | Dave Leggett

Geely hires banks for Volvo Cars IPO - report Dave Leggett Zhejiang Geely Holding Group has reportedly commissioned three investment banks to lead an IPO for its Volvo Cars unit. A report in the... read more


Volvo boosts operating profit in first quarter 2018

30 April 2018 | Graeme Roberts

Volvo boosts operating profit in first quarter 2018 Graeme Roberts Geely's Volvo Cars boosted first quarter 2018 operating profit 3.6% year on year to MSEK3,616m. Sales revenue rose 18.... read more


European automakers can cope with looming industry challenges - Moody's

1 February 2018 | Graeme Roberts

European automakers can cope with looming industry challenges - Moody's Graeme Roberts Despite continued weakness in global car sales, key European automakers are likely to see their credit stre... read more


Volvo Cars' revenue, profit and margins rise

30 October 2017 | Graeme Roberts

Volvo Cars' revenue, profit and margins rise Graeme Roberts Geely's Volvo Cars has reported 'everything up' financial results for the third quarter and first nine months of 2017. Hig... read more


Volvo Group and partners open MobilityXlab in Sweden

6 October 2017 | just-auto plus Extended News

Volvo Group and partners open MobilityXlab in Sweden just-auto plus Extended News Volvo Group together with Autoliv, Ericsson, Volvo Cars and Zenuity has open MobilityXlab at Lindholmen Science Park.... read more


VW led L3Pilot research project launched in Germany

15 September 2017 | Richard Jackson

VW led L3Pilot research project launched in Germany Richard Jackson A broadly based European research consortium under the management of the Volkswagen Group is analysing the opportunities for using ... read more


Geely's Volvo Cars first half profit up a fifth

20 July 2017 | Graeme Roberts

Geely's Volvo Cars first half profit up a fifth Graeme Roberts Geely Holdings' premium Volvo Cars unit booked a healthy rise in operating profit in the first half of 2017 despite ongoing heavy expend... read more


Geely Holding to buy 30% stake in Saxo Bank

9 May 2017 | Staff reporter

Geely Holding to buy 30% stake in Saxo Bank Staff reporter The parent company of Chinese automaker Zhejiang Geely, which owns Sweden's Volvo Cars, plans to acquire a stake of up to 30% in private... read more


Autoliv Q1 2017 sales up 4%

2 May 2017 | Graeme Roberts

Autoliv Q1 2017 sales up 4% Graeme Roberts Autoliv reported record consolidated sales of US$2,608m, a growth of 4.4%, for the quarter ended 31 March 2017. Operating margin was 8.3% and adju... read more


Volvo Cars reports Q1 operating profit up 11%

28 April 2017 | Dave Leggett

Volvo Cars reports Q1 operating profit up 11% Dave Leggett Geely-owned Volvo Cars has reported an operating profit of SEK3.5 billion (USD318m) for the first three months of the year, up 11% year-on-y... read more


Volvo Cars reports big jump in 2016 operating profit 

8 February 2017 | Dave Leggett

Volvo Cars reports big jump in 2016 operating profit  Dave Leggett Volvo Car Group - owned by Geely - has reported operating earnings for 2016 up 66.6% on the previous year to SEK11bn ($1.25bn) on th... read more


Volvo Cars raises $0.5bn in step towards IPO

20 December 2016 | Dave Leggett

Volvo Cars raises $0.5bn in step towards IPO Dave Leggett Geely-owned Volvo Cars has raised SEK5bn (around USD0.5bn) from a group of Swedish institutional investors in a step towards its ambition to ... read more


Uber with Volvo Cars launches self-driving pilot in San Francisco

15 December 2016 | just-auto plus Extended News

Uber with Volvo Cars launches self-driving pilot in San Francisco just-auto plus Extended News Uber, the ride-sharing technology company, is expanding its self-driving pilot to San Francisco, Califor... read more


Volvo Car Group Q3 profit up 62%

27 October 2016 | Dave Leggett

Volvo Car Group Q3 profit up 62% Dave Leggett Volvo Car Group, the premium car maker, has reported third quarter operating profit of SEK2,067m (US$231m) compared to SEK1,276m in the same period last ... read more


Volvo Cars becomes 50% owner of Volvofinans Bank

17 August 2016 | just-auto plus Extended News

Volvo Cars becomes 50% owner of Volvofinans Bank just-auto plus Extended News Volvo Car and the sixth AP Fund signed an agreement on 28 December 2015 to acquire the Fund's 40% stake in Volvofinan... read more


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