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Volvo Car Warns of Challenging Year Ahead
Volvo Cars weighs tariffs-led production move, warns of 'hyper-competitiveness' in China
"We're preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation," Volvo Cars CEO Jim Rowan told CNBC.
Volvo Car Warns of Challenging Year Ahead as Competition Heats Up
The car maker cautioned that intense competition will likely drive increasing discounts this year, making it a challenge to reach the volumes and profitability level it achieved in 2024.
Volvo Cars CEO on US Tariffs, Profits
We had record profits at 27 billion SEK again, the first time the company has reached that profit level. And then we also freed up 4 billion of free cash flow in the fourth quarter and 14 billion SEK rather out of free cash flow in the fourth quarter.
Volvo Taps Canadian AI Startup Waabi
Waabi ties up with Volvo to roll out self-driving trucks
Self-driving technology company Waabi said on Tuesday it has partnered with truckmaker Volvo's driverless systems unit to develop and deploy big rigs that drive themselves.
Waabi and Volvo team up to build self-driving trucks at scale
Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as
Volvo Taps Canadian AI Startup Waabi in Self-Driving Truck Push
Volvo AB plans to develop autonomous trucks using technology from Canadian artificial intelligence startup Waabi Innovation Inc., with a goal of testing the big-rigs later this year.
4h
Volvo Cars braces for turbulent 2025 after Q4 profit falls
Sweden-based Volvo Cars reported a fall in fourth-quarter operating profit on Thursday and predicted a turbulent 2025 with ...
24/7 Wall St
15h
I Was About to Buy a Volvo, but These 20 Factors Scared Me Off
While Volvo might have a reputation as being one of the safest car manufacturers around, a fact that is almost ...
7d
on MSN
Change This, Not That: 2025 Volvo XC60
The 2025 Volvo XC60 includes updated driver assistance systems, advanced infotainment options, and a choice of powertrains, ...
7d
on MSN
Volvo EX90 debuts with 510 hp and room for seven
With seating for up to seven passengers and up to 67.6 cu ft. of cargo space, the Volvo EX90 is one of the most spacious ...
Hosted on MSN
6h
Volvo Cars reports 5% drop in global sales in January
Volvo Cars, which is majority-owned by China's Geely Holding, has reported a 5% decrease in global sales for January, with a ...
TopSpeed
18h
Do I Need To Explain Why The Volvo V60 Cross Country Is Cool?
You see, in Sweden - where the Volvo V60 wagon is still built - the station wagon is more than a sedan with a stretched roof and extra cargo space. It's the embodiment of the Allemansrätten philosophy ...
businesstech.co.za
1d
Volvo recalls 3 cars in South Africa
Volvo has issued a recall for three of its vehicle models in South Africa due to safety concerns, according to a statement ...
News24
1d
Volvo recalls three models in SA due to brake, indicator problems
Volvo
South Africa has recalled three new car models due to various problems. National Consumer Commission said in a ...
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