Volvo AB

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services. The Trucks segment includes the production, development, and logistics for powertrain and parts. The Volvo Penta segment markets marine and industrial engines. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1927 and is headquartered in Goteborg, Sweden.

OSLO (Reuters) -Sweden's Volvo Cars will temporarily close its plant in the Chinese city of Chengdu due to local coronavirus restrictions, a company spokesperson said on Thursday.

Volvo Cars to close China plant due coronavirus restrictions

GÖTEBORG, Sweden , Aug. 31, 2022 /PRNewswire/ -- To reduce natural resource usage and its trucks' environmental impact, Renault Trucks is taking steps to transitioning its industrial operations to a circular-economy approach. Renault Trucks' Used Parts Factory is the logical next step after the used trucks repurposing and remanufacturing operations conducted respectively in its Used Trucks Factory in Bourg-en-Bresse and its plant in Limoges.

CIRCULAR ECONOMY: RENAULT TRUCKS ANNOUNCES THE CREATION OF ITS DISASSEMBLY PLANT, THE USED PARTS FACTORY

STOCKHOLM , Aug. 29, 2022 /PRNewswire/ -- Since 2005, Coor has delivered facility management services to Volvo Cars. The company has now chosen to extend the collaboration regarding IFM services, including cleaning, reception, service desk and waste management.

Coor extends IFM agreement with Volvo Cars

GÖTEBORG, Sweden , Aug. 19, 2022 /PRNewswire/ -- Jan Gurander will step down as Volvo Group Deputy CEO as of December 31 st, 2022. His other managerial assignments within the Group will gradually be distributed to other members of the Volvo Group Executive Board.

Jan Gurander to step down as Volvo Group Deputy CEO

Nikola

The electrification of trucks is one of the major trends that will take place during this decade. Volvo Group is already a leader in this segment and is growing fast, with deliveries in the hundreds and orders in the thousands.

Why I Prefer Volvo Group Over Nikola

Volvo Car Group's July sales were down 21.5% from a year earlier but could rebound in the coming months, the Sweden-based automaker said on Wednesday.

Volvo Cars July sales drop 21.5%, sees improvement ahead

Swedish truck maker Volvo Group plans to establish a large-scale production plant for battery cells, gradually building it up towards 2030 to meet a growing demand for zero-emission transportation, the company said on Wednesday.

Truck maker Volvo Group plans to build battery plant

GÖTEBORG, Sweden , Aug. 3, 2022 /PRNewswire/ -- To meet the growing demand for battery electric heavy-duty vehicles and machines, the Volvo Group has initiated the process to establish a large-scale production plant for battery cells in Sweden. "We aim to lead the transition to a decarbonized transport system and have the long-term ambition to offer our customers solutions that are 100% fossil free.

Volvo Group starts process to establish plant for battery production in Sweden

Volvo Cars' semiconductor inventory is now "back at fully supply," CEO Jim Rowan told CNBC.

A top European carmaker suggests the global chip shortage is easing

Automaker Volvo Cars reported on Wednesday higher second-quarter profits but said it expected full year retail deliveries to be lower or on par with 2021.

Volvo Cars Q2 operating profit rises

Volvo Group checked the boxes for higher sales, profits and market share for its trucking business in the second quarter despite ongoing supply chain disruptions. “Our customers in most regions are benefiting from high transport and infrastructure activity, which continues to drive good demand for our products and services,” Martin Lundstedt, Volvo president and CEO, said in an earnings report.

Volvo Group hits Q2 trifecta of higher sales, profit and share gains

AB Volvo (publ) (OTCPK:VOLAF) Q2 2022 Earnings Conference Call July 19, 2022 3:00 AM ET Company Participants Christer Johansson - Head, Investor Relations Martin Lundstedt - Chief Executive Officer Tina Hultkvist - Chief Financial Officer Conference Call Participants Hampus Engellau - Handelsbanken Tom Narayan - RBC Klas Bergelind - Citi Michael Jacks - BofA Daniela Costa - GS Miguel Borrega - BNP Paribas Erik Golrang - SEB Olof Cederholm - ABG Sundal Collier Mats Liss - Kepler Cheuvreux Anthony Dick - ODDO BHF Christer Johansson Welcome to the Volvo Group Press Conference for the Second Quarter. We will do as usual.

AB Volvo (publ)'s (VOLAF) CEO Martin Lundstedt on Q2 2022 Results - Earnings Call Transcript

STOCKHOLM (Reuters) -Swedish truck maker AB Volvo posted on Tuesday a bigger rise than expected in second-quarter core earnings, and said it had successfully mitigated effects of supply chain disruptions and higher material costs.

Truck maker Volvo profit grows more than expected despite supply chain issues

GÖTEBORG, Sweden , July 19, 2022 /PRNewswire/ -- "The Volvo Group continued to perform well in Q2 2022 with strong growth and improved profitability. We increased our net sales by 31% to SEK 118.9 billion with good momentum both in the sales of vehicles and in the service business.

Volvo Group - the second quarter 2022

Volvo manages to churn out revenue growth despite China economic headwinds and semiconductor shortages. We are increasingly confident in Volvo's ability to deliver in a recessionary environment.

Volvo Chugs Along Despite Weakness From China

Volvo Cars said on Friday it will leave the European Automobile Manufacturers Association (ACEA) by the end of 2022, citing differences between its zero-emission strategy and that of Europe's car lobby group.

Volvo Cars to leave ACEA car lobby group over climate goals

Volkswagen AG

GOTHENBURG, Sweden, MUNICH and STUTTGART, Germany , July 8, 2022 /PRNewswire/ -- Today, the Volvo Group, Daimler Truck, and the TRATON GROUP completed the final step in forming the previously announced joint venture for charging infrastructure in Europe. The new joint venture, with Anja van Niersen as appointed CEO, is expected to have a significant role in supporting the European Union's Green Deal for carbon-neutral freight transportation by 2050.

The Volvo Group, Daimler Truck and the TRATON GROUP kick off European charging infrastructure joint venture

GÖTEBORG, Sweden , July 5, 2022 /PRNewswire/ --  Volvo Group Venture Capital AB  invests in Optibus Ltd , that develops and provides optimization software for public transportation planning and management. The investment highlights the companies' shared commitment to sustainable bus fleets and more efficient transportation operations.

Volvo Group Venture Capital invests in Optibus, a software company for efficient sustainable bus operations

Truck maker AB Volvo had begun laying off some of its Russian staff and to scale down operations, but has not made a decision to leave the country entirely, it said on Tuesday.

Sweden's AB Volvo begins to lay off some Russian employees

GÖTEBORG, Sweden , July 5, 2022 /PRNewswire/ -- The Volvo Group report for the second quarter 2022 will be published on Juli 19, 2022, at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m.

Invitation to the Volvo Group report on the second quarter 2022

PACCAR

Stellantis N.V. 

Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide again in 2022.

It's All About Capacity In The Truck Market

Volvo Car Group will invest 1.2 billion euros ($1.25 billion) to build a new manufacturing plant in Slovakia, the Sweden-based automaker said on Friday.

Volvo Cars to build electric-only plant in Slovakia

Swedish truckmaker Volvo and Paccar's DAF Trucks can be sued for compensation by a Spanish claimant over a truckmakers' cartel, Europe's top court said on Wednesday, in a ruling that could spur more claims against the cartel members.

Volvo, DAF Trucks can be sued in Spanish cartel case, EU court says

GÖTEBORG, Sweden , June 22, 2022 /PRNewswire/ -- At the Volvo Group's Capital Markets Day today June 22, 2022, President and CEO Martin Lundstedt and Group Management outlined the major business opportunities in the ongoing technology shift that is expected to accelerate the Group's sales growth. Over the last decade, the Volvo Group has established an industry-leading profitability and is now taking the next step on its strategic journey.

Volvo Group accelerates to grow in the ongoing industry transformation

GÖTEBORG, Sweden , June 20, 2022 /PRNewswire/ -- Imagine a truck that only emits water vapor, produces its own electricity onboard and has a range of up to 1 000 km. It's possible with fuel cells powered by hydrogen, and Volvo Trucks has started to test vehicles using this new technology.

News for Volvo AB Stock (VLVLY)