Volvo AB

Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability.

Sweden's AB Volvo <VOLVb.ST> raised its market forecasts for North America and Europe on Thursday, as higher trucks and construction equipment deliveries helped it to top profit estimates.

Sweden's AB Volvo inched up its market growth outlook for North America and Europe, as strong deliveries for its trucks and construction equipment as well as continued easing of supply chain bottlenecks helped it beat quarterly profit expectations.

Sweden's Volvo announced new measures to cut fixed costs by 2 billion Swedish crowns ($214 million) on Thursday, as it became the latest carmaker to warn that pricing pressure and tariffs arising from the Sino-U.S. trade war were denting profitability.

Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment.

Li Shufu's Zhejiang Geely Holding Group intends to remain a long-term investor in Swedish truckmaker AB Volvo <VOLVb.ST>, a source close to the Chinese firm said, denying media reports that it was gearing up to sell its stake.

Li Shufu's Zhejiang Geely Holding Group intends to remain a long-term investor in Swedish truckmaker AB Volvo, a source close to the Chinese firm said, denying media reports that it was gearing up to sell its stake.

Sweden's AB Volvo is joining forces with Nvidia Corp to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was dropped by Tesla Inc last year.

Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.

The United States has rejected separate requests from General Motors Co and Chinese-owned Volvo Cars for an exemption to a 25% U.S. tariff on their Chinese-made sport utility vehicle models.

Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its EV target of 50 percent of sales by 2025.

South Korean battery maker LG Chem Ltd on Wednesday said it has won a long-term deal to supply lithium ion batteries to Volvo Cars for use in electric vehicles (EVs).

Swedish carmaker Volvo, which is owned by China's Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources.

Swedish carmaker Volvo, which is owned by China's Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources.

Swedish carmaker Volvo's quarterly profit fell by 19.3 percent, the company said on Thursday, blaming pricing pressure and higher tariffs arising from the trade war between the United States and China.

Truckmaker AB Volvo beat first-quarter profit forecasts on Wednesday as it sold more higher priced vehicles and margins benefited from an easing of supply chain bottlenecks for components such as engines and gear boxes.

Swedish truckmaker AB Volvo reported a first-quarter operating profit that beat market expectations on Wednesday on the back of higher vehicle sales and stronger pricing while easing supply chain constraints yielded efficiency gains.

Volvo Cars has started producing its XC40 compact crossover SUV in China to bump up capacity and cater for growing demand, the Swedish carmaker said on Friday.

Swedish carmaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or distracted and intervening to prevent accidents.