Volvo, Daimler Truck, and Toyota form equal partnership in cellcentric
Toyota joins as third equal shareholder, aiming to strengthen fuel cell technology for heavy-duty vehicles.
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.
Commercial transport and infrastructure equipment and services provider
volvogroup.comLast updated
In short: Volvo reported increased Q2 profits and sales driven by strong North American truck orders, while navigating an emissions settlement.
Toyota joins as third equal shareholder, aiming to strengthen fuel cell technology for heavy-duty vehicles.
Adjusted operating income rose to SEK 14.8 billion with an 11.7% margin, driven by strong service sales and favorable mix.
At Capital Markets Day, Volvo presented its focus on customer trust, decentralized execution, and service business growth.
The company highlighted resilient financial performance, autonomous truck ambitions, and service business growth, targeting 25% market share in North America by 2030.
The Stockholm Stock Exchange is heading for a sideways opening while Asian stock exchanges have been feasting on chips and the price of oil continues to fall. Industrivärden has made large purchases in AB Volvo...
The investment company Industrivärden has bought about 1.3 million B-shares in truck manufacturer Volvo for a total of approximately 470 million kronor. This is evident from the Swedish Financial Supervisory Authority's insider register.
Once completed, Toyota will become an equal partner in Cellcentric alongside Daimler Truck and Volvo...
Toyota, Volvo Group and Daimler Truck will become equal partners in cellcentric, which develops fuel cell systems for heavy commercial vehicles.
Track Volvo and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Volvo and other trending companies.