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Volvo AB (VOLVY.PK)

VOLVY.PK on OTC Markets Group

8.72USD
7 Jan 2016
Change (% chg)

$0.01 (+0.17%)
Prev Close
$8.70
Open
$8.61
Day's High
$8.85
Day's Low
$8.59
Volume
130,613
Avg. Vol
--
52-wk High
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52-wk Low
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Fri, Nov 18 2016

NORDIC STOCKS - Factors to watch on Nov 18

The following stocks may be affected by newspaper reports and other factors on Friday:

KMW-Nexter plans to buy Volvo's Governmental Sales unit - Die Welt

FRANKFURT/STOCKHOLM Franco-German armored vehicles maker KMW-Nexter is planning to buy the Governmental Sales division of Swedish truckmaker Volvo , German daily Die Welt reported, not citing where it obtained the information.

KMW-Nexter plans to buy Volvo's Governmental Sales unit-Die Welt

FRANKFURT/STOCKHOLM, Nov 18 Franco-German armoured vehicles maker KMW-Nexter is planning to buy the Governmental Sales division of Swedish truckmaker Volvo , German daily Die Welt reported, not citing where it obtained the information. Volvo had put the unit, which employs 1,300 staff and accounts for about 1.5 percent of Volvo's revenues, for sale earlier this month following a strategic review of the business. It manufactures and sells custom-designed vehicles to governments,

Chinese automaker Geely outlines ambitious growth goals

BEIJING Chinese automaker Zhejiang Geely Holding Group Co said on Tuesday it is aiming to more than double its annual vehicle sales to two million cars globally by 2020, riding growth in its Volvo brand and its new Lynk & Co brand.

UPDATE 1-Chinese automaker Geely outlines ambitious growth goals

BEIJING, Nov 8 Chinese automaker Zhejiang Geely Holding Group Co said on Tuesday it is aiming to more than double its annual vehicle sales to two million cars globally by 2020, riding growth in its Volvo brand and its new Lynk & Co brand.

BRIEF-Volvo says intends to sell governmental sales unit

* Volvo Group intends to initiate a process to divest governmental sales

Volvo, Geely to deepen ties, share small car plant

SHANGHAI Swedish car maker Volvo announced on Wednesday moves deepening cooperation with its Chinese parent Zhejiang Geely Holding Group Co - a tie-up that's shaping up to show that China can make a success of buying consumer brands. | Video

UPDATE 2-Volvo, Geely to deepen ties, share small car plant

* Taizhou plant to also make small cars for Geely's Lynk (Adds Volvo CEO's comments)

Volvo, Geely to deepen ties, share small car plant

SHANGHAI, Nov 2 Swedish carmaker Volvo is expected to announce later on Wednesday a series of moves deepening cooperation with its Chinese parent Zhejiang Geely Holding Group Co - a tie-up that's shaping up to show that China can make a success of buying consumer brands.

UPDATE 2-Volvo expects slower 2017 as demand in Europe cools

* Cost cuts help cushion hit from lower volumes (Adds CEO, analyst comment, share, Daimler)

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