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Volvo AB (VOLVb.ST)

VOLVb.ST on Stockholm Stock Exchange

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Wed, May 17 2017

UPDATE 1-Volvo Cars says new generation of diesel engines could be the last-CEO

* Diesel will play crucial role in move to cut CO2 -CEO (Adds comments from Volvo)

Volvo Cars to stop developing new diesel engines -CEO

BERLIN, May 17 Swedish carmaker Volvo will not develop any new diesel engines as the cost of reducing emissions of nitrogen oxide is becoming too expensive, Chief Executive Hakan Samuelsson was quoted as saying on Wednesday.

Autoliv says sees no change in Zenuity JV cost level in 2018

STOCKHOLM, April 28 Stockholm-based auto safety gear supplier Autoliv <ALIVsdb.ST said on Friday that the cost for its newly launched autonomous driving software systems joint venture with Volvo Cars, Zenuity, would remain on roughly the same level in 2018 as in 2017 • ”We see that our gross costs for the Zenuity joint venture will be about the same in 2018 as in 2017;” Autoliv spokesman Thomas Jonsson told Reuters. • Current cost level is around $15 million per quarter • ”Th

UPDATE 3-Volvo profit jumps on cost cuts and strong truck demand

* Raises 2017 construction equipment outlook for China (Adds detail, background, share price)

BRIEF-Volvo CEO says to run normal truck production in N America in Q2

April 25 AB Volvo CEO Martin Lundstedt in Q1 news conference:

RPT-Truck maker Volvo Q1 profit beats forecast

STOCKHOLM, April 25 Sweden's Volvo posted a much bigger than expected rise in first-quarter core earnings on Tuesday as robust demand and years of cost trimming bolstered turnover and profitability at the truck maker.

Truck maker Volvo Q1 profit beats forecast

STOCKHOLM, April 25 Sweden's Volvo posted a much bigger than expected rise in first-quarter core earnings on Tuesday as robust demand and years of cost trimming bolstered turnover and profitability at the truck maker.

BRIEF-Willplus Holdings unit to buy VOLVO dealer business

* Says its unit Teio Auto Corp plans to buy VOLVO dealer business (partial fixed assets and employees) from auto sale firm Sungarage, for an undisclosed price, on May 1

UPDATE 1-China's Geely doubles earnings as Volvo tech boosts sales

* Geely gearing up for 2018 overseas expansion (Adds reported earnings figures)

Chinese automaker Geely doubles profit on next-gen car sales boost

BEIJING, March 22 China's Geely Automobile Holding Ltd, whose unlisted parent owns Sweden's Volvo, on Wednesday said net profit more than doubled in 2016, the biggest rise in eight years as sales of its next-generation of vehicles outstripped expectations.

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