Latest Volvo Cars News & Updates

See the latest news and media coverage for Volvo. We track all announcements, press releases, and industry mentions in real time, all in one place.

Volvo Cars (Volvo)

Swedish premium automobile manufacturer

volvocars.com

Headquarters: Göteborg, Sweden
Founded year: 1927
Company type: Public company
Number of employees: 30,000+
Industry: Auto & Truck Manufacturers

Last updated Today

Latest news about Volvo Cars (Volvo)

In short: Volvo Cars experienced a challenging second quarter marked by weak China sales, but received a rare U.S. exemption for Chinese technology.

Company announcements

July 17 Volvo

Volvo Cars achieves SEK 5 billion cost savings six months early

Revenue was SEK 77.7 bn, operating income SEK 0.8 bn, EBIT margin 1.1%. Fully electric sales share rose to 25%.

July 16 Volvo

Volvo starts customer deliveries of new EX60 SUV

The EX60 offers 810km range, fast charging, and is priced in line with XC60 hybrid.

July 15 Volvo

Volvo signs MoU to strengthen Ghent plant competitiveness

The agreement includes up to EUR 119 million in support measures and potential contract assembly for other brands.

May 26 Volvo

Volvo receives US authorization for connected vehicle imports

The authorization allows Volvo to continue selling connected cars in the US, its largest market.

Media coverage

July 29 Electrek

Volvo drops lidar for good on EX90 and ES90, pays owner compensation

Volvo confirmed it's dropping lidar for good on the EX90 and ES90 and paying owners up to NOK 18,000 in compensation after ending its Luminar...

July 28 Yahoo Finance

Congress Places Mercedes-Benz and Volvo in Awkward Position

Last week, the United States Senate Commerce Committee approved new legislation that could endanger Mercedes-Benz and Volvo Cars’ ability to sell vehicles within what has...

July 26 The Telegraph

‘I’m terrified my car will burst into flames’: Volvo drivers in revolt over ‘faulty’ EVs

CCTV supplied by Mr Gibson appears to show his Volvo reversing into the neighbour’s car, with his wife then rushing to take their son out...

July 22 SVT Nyheter

Volvo Cars' enormous battery factory was supposed to open this year and provide 3,000 jobs - lies deserted

The battery factory was supposed to open this year and create around 3,000 jobs - but instead lies deserted. In a unique interview with SVT, Volvo now comments...

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