Volvo AB

Volvo's board is proposing that the proceeds from the sale of UD Trucks be distributed to shareholders, the Swedish truckmaker said late on Tuesday.

Swedish truckmaker AB Volvo smashed forecasts for first-quarter core earnings on Thursday on the back of surging demand, lifting its shares, but cautioned a global chip shortage was set to hit production in the near term.

Volvo Cars said Monday it will use a new generation of high-powered chips from Nvidia Corp to enable more autonomous driving functions in future vehicles, starting next year.

Volvo Cars said Monday it will use a new generation of high-powered chips from Nvidia Corp to enable more autonomous driving functions in future vehicles, starting next year.

Swedish truck maker AB Volvo and steel maker SSAB have signed an agreement to produce the world's firstvehicles made of fossil-free steel, the companies said on Thursday.

Global heavy truck manufacturers are lining up technology partners to help build out self-driving systems for long-haul freight that could see widespread commercial service well before self-driving robotaxis.

Volvo Cars will offer all its employees worldwide 24 weeks paid parental leave in a bid to support female executives and equal parenting.

Shares in AB Volvo fell 7% on Tuesday after the Swedish truckmaker warned of a substantial hit on production in the second quarter due to the global shortage of semiconductors.

Concise insights on global finance in the Covid-19 era.

Volvo AB on Monday said it was cutting down truck production in Brazil significantly for the rest of the month due to the worldwide shortage of semiconductors and also partly due to the worsening COVID-19 pandemic in the country.

Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of automakers planning to phase out fossil-fuel engines by the end of this decade.

Volvo's entire car line-up will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade.

Volvo Cars has not suffered from the global semiconductor shortage, but risks linger, its chief executive said on Thursday as the Sweden-based company reported an 8.2% rise in second-half operating earnings.

Swedish truckmaker AB Volvo reported fourth-quarter core earnings well above analysts' expectations on Wednesday, raised its forecasts for some of its main markets and rolled out a hefty shareholder payout amid a broad recovery in demand.

Swedish auto manufacturer Volvo is discontinuing its sale of Class 8 heavy-duty semi trucks in Mexico, local unit Volvo Trucks Mexico said in a statement on Monday, citing fallout from the coronavirus pandemic and changes in the transport industry.

Talks on a merger or alliance between Sweden's Volvo Cars and China's Geely are likely to resume next year, Volvo Chief Executive Hakan Samuelsson said on Wednesday.

Swedish car dealership chain Bilia has received notice of termination for its dealer agreements with Volvo Cars in Sweden and Norway, it said late on Monday.

Daimler AG <DAIGn.DE> and Geely Holding on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo and Mercedes-Benz cars.

Volvo Trucks, Sweden's AB Volvo's main truck brand, will sell a complete range of electric, heavy-duty trucks in Europe starting in 2021, the company said in a statement on Thursday.