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Volvo AB (VOLVa.ST)

VOLVa.ST on Stockholm Stock Exchange

128.40SEK
16 Aug 2019
Change (% chg)

1.30kr (+1.02%)
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127.10kr
Open
128.20kr
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129.20kr
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127.70kr
Volume
100,323
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134,955
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161.90kr
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113.30kr

Latest Key Developments (Source: Significant Developments)

Volvo CEO says no plans to launch new large-scale cost saving programme
Thursday, 18 Jul 2019 04:10am EDT 

July 18 (Reuters) - Volvo AB CEO ON ANALYST CALL::VOLVO AB CEO SAYS NO PLANS TO LAUNCH ANY NEW BIG-SCALE COST SAVING PROGRAMMES - ANALYST CALL.  Full Article

Volvo Group Venture Capital Invests In Mobility Start-Up Companies
Wednesday, 3 Jul 2019 07:41am EDT 

July 3 (Reuters) - Volvo AB ::VOLVO GROUP VENTURE CAPITAL HAVE INVESTED IN NEXT GEAR VENTURES – A LEADING ISRAELI VENTURE CAPITAL FUND SOURCING START-UPS FOR INTERACTION WITH LEADING GLOBAL TRANSPORT INDUSTRY ACOMPANIES.TRANSACTION HAS NO SIGNIFICANT IMPACT ON THE VOLVO GROUP’S EARNINGS OR FINANCIAL POSITION.  Full Article

Swedish truckmaker Volvo says no ambition to develop battery cells on its own
Tuesday, 18 Jun 2019 09:47am EDT 

June 18 (Reuters) - Volvo AB ::VOLVO AB SAYS NO AMBITION TO DEVELOP BATTERY CELLS ON ITS OWN - CAPITAL MARKETS DAY.VOLVO AB SAYS TO START BEING PAID FOR AUTONOMOUS MINING TRUCK ON PER TRANSPORT BASIS STARTING WINTER, MAKING IT ITS FIRST COMMERCIAL AUTONOMOUS SOLUTION IN REAL OPERATION.  Full Article

Volvo Group And NVIDIA To Develop AI Platform For Autonomous Trucks
Tuesday, 18 Jun 2019 04:00am EDT 

June 18 (Reuters) - Volvo AB ::VOLVO GROUP PARTNERS WITH NVIDIA TO DEVELOP ADVANCED AI PLATFORM FOR AUTONOMOUS TRUCKS.HAS SIGNED AN AGREEMENT WITH NVIDIA TO JOINTLY DEVELOP DECISION MAKING SYSTEM OF AUTONOMOUS COMMERCIAL VEHICLES AND MACHINES.PARTNERSHIP WITH NVIDIA WILL FOCUS ON DEVELOPMENT OF A FLEXIBLE, SCALABLE AUTONOMOUS DRIVING SYSTEM.STRATEGIC PARTNERSHIP COVERS END-TO-END COMPUTING FUNDAMENTAL TO AUTONOMOUS VEHICLES.WORK WILL BEGIN IMMEDIATELY WITH PERSONNEL FROM TWO COMPANIES BEING CO-LOCATED IN GOTHENBURG, SWEDEN AND SANTA CLARA, CALIFORNIA.STRATEGIC PARTNERSHIP COVERS END-TO-END COMPUTING FUNDAMENTAL TO AUTONOMOUS VEHICLES.  Full Article

DFDS Announces Collaboration With Volvo Trucks
Thursday, 13 Jun 2019 09:43am EDT 

June 13 (Reuters) - DFDS A/S ::: COLLABORATION WITH VOLVO TRUCKS ON AUTONOMOUS TRANSPORT BETWEEN LOGISTICS CENTRE AND PORT TERMINAL.DFDS HAS ENTERED INTO A COLLABORATION WITH VOLVO TRUCKS CONCERNING THEIR ELECTRIC, CONNECTED AND AUTONOMOUS VEHICLE VERA..COLLABORATION WITH DFDS IS A FIRST STEP TOWARDS IMPLEMENTING VERA IN A REAL TRANSPORT ASSIGNMENT ON PRE-DEFINED PUBLIC ROADS IN AN INDUSTRIAL AREA..  Full Article

Volvo Gets Order For 373 City Buses For Dubai
Tuesday, 11 Jun 2019 06:39am EDT 

June 11 (Reuters) - Volvo AB ::VOLVO RECEIVES ORDER FOR 373 CITY BUSES FOR DUBAI - LARGEST EVER PURCHASE OF EURO VI CITY BUSES IN THE MIDDLE EAST REGION.VOLVO BUSES AND FAMCO AL FUTTAIM AUTO & MACHINERY CO (FAMCO) HAVE BEEN SELECTED SUPPLIER OF 373 CITY BUSES TO DUBAI.DELIVERIES ARE PLANNED FOR Q3 2019 TO Q2 2020.DELIVERY INCLUDES A 10-YEAR COMPREHENSIVE MAINTENANCE CONTRACT THAT ALSO COVERS TIRES AND BATTERIES.  Full Article

Volvo says has not started any recall activity as result of emission issue
Thursday, 3 Jan 2019 01:01pm EST 

Jan 3 (Reuters) - Volvo AB ::TRUCKMAKER VOLVO GROUP HAS NOT STARTED ANY RECALL ACTIVITY IN RELATION TO EMISSIONS ISSUE - SPOKESMAN.VOLVO HAS REPLACED SCR COMPONENT THAT CAUSED EMISSION ISSUE WITH A NEW COMPONENT IN PRODUCTION FOR U.S. MARKET AND WILL SWITCH TO NEW COMPONENT IN OTHER IMPACTED MARKETS IN H1 2019 - SPOKESMAN.VOLVO HAS NOT YET REACHED A FINAL DECISION WITH GOVERNMENT AUTHORITIES ABOUT HOW TO FIX ENGINES AFFECTED BY EMISSION ISSUE - SPOKESMAN.  Full Article

Volvo Group To Make A Provision Of Sek 7 Bln In Q4 2018
Thursday, 3 Jan 2019 12:00pm EST 

Jan 3 (Reuters) - Volvo AB ::VOLVO GROUP MAKES A PROVISION OF SEK 7 BN RELATING TO ESTIMATED COSTS TO ADDRESS DEGRADING EMISSION CONTROL COMPONENT ISSUE.VOLVO GROUP WILL IN Q4 2018 MAKE A PROVISION OF SEK 7 BILLION, RELATING TO ESTIMATED COSTS TO ADDRESS ISSUE.PROVISION WILL IMPACT OPERATING INCOME IN Q4 OF 2018.NEGATIVE CASH FLOW EFFECT WILL START IN 2019 AND GRADUALLY RAMP UP IN COMING YEARS.VOLVO GROUP WILL CONTINUOUSLY ASSESS SIZE OF PROVISION AS MATTER DEVELOPS.  Full Article

Volkswagen targets more than 1 bln in sales at Wirelesscar in 2025
Wednesday, 19 Dec 2018 09:05am EST 

Dec 19 (Reuters) - Volkswagen AG ::VOLKSWAGEN SAYS HAS CALL OPTION FOR REMAINING STAKE IN WIRELESSCAR.VOLKSWAGEN SAYS TARGETS MORE THAN 1 BILLION IN SALES IN 2025 FOR WIRELESSCAR, EXCLUDING CAR SALES VIA THE DIGITAL PLATFORM.  Full Article

Volvo To Deliver 700 City Buses To Bogotá, Colombia
Monday, 5 Nov 2018 04:13am EST 

Nov 5 (Reuters) - Volvo::VOLVO TO DELIVER 700 CITY BUSES TO BOGOTÁ, COLOMBIA.VOLVO SAYS ORDERS FOR 700 BUSES ARE PART OF PUBLIC TENDER IN BOGOTÁ WHEREBY 1,441 BUSES ARE PURCHASED FOR CITY'S BRT SYSTEM, TRANSMILENIO.  Full Article

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Volvo Cars, China in first blockchain project for recycled cobalt

LONDON Volvo Cars, owned by China's Geely [GEELY.UL], has produced the first cars containing recycled cobalt mapped using a blockchain, and has joined a separate project to monitor cobalt from Democratic Republic of Congo, Volvo said.