Volvo Cars reports first quarter 2019 results

Volvo Cars reports first quarter 2019 operating profit of SEK2,919 million   CEO Håkan Samuelsson:   “The sales growth in the first quarter proves the appeal of Volvo Cars product portfolio. We grew in all three regions and revenue continued to rise faster than volumes. Compared with last year, profitability was affected by higher tariffs… Continue reading Volvo Cars reports first quarter 2019 results

Volvo Cars issues new EUR bond

VOLVO CAR AB STOCK EXCHANGE RELEASE 26 March 2019 at 17:20 CET   Volvo Cars issues new EUR bond   Volvo Cars has today successfully issued a EUR 600m bond under its Euro Medium Term Note programme. The bond matures in April 2024 and pays a fixed coupon of 2.125%. The issue price was 99.625,… Continue reading Volvo Cars issues new EUR bond

Volvo Cars takes major step towards its electrified future with a range of new hybrid powertrains

Volvo Cars takes major step towards its electrified future with a range of new hybrid powertrains   Volvo Cars has today taken a significant step towards its electrification goals with the release of upgraded and newly-developed electrified powertrain options, to be made available across its entire model range going forward.   The company has upgraded… Continue reading Volvo Cars takes major step towards its electrified future with a range of new hybrid powertrains

Volvo Cars introduces refreshed Volvo XC90 SUV

Volvo Cars introduces refreshed Volvo XC90 SUV   Volvo Cars has today unveiled a refreshed version of its best-selling XC90 large SUV, the company’s top-of-the-line flagship, adding a newly-developed fuel-saving engine option that marks the next step in the company’s ambitious electrification strategy.   The refreshed XC90 for the first time offers customers Volvo’s advanced… Continue reading Volvo Cars introduces refreshed Volvo XC90 SUV

Volvo Cars reports third quarter and first nine months 2018 results

Volvo Cars reports third quarter and first nine months 2018 results   CEO Håkan Samuelsson:   Volvo Cars’ growth remained strong in the third quarter with a 14 per cent increase in retail sales and an 18 per cent revenue increase. Compared to last year, the profitability was influenced by product launch costs, higher tariffs… Continue reading Volvo Cars reports third quarter and first nine months 2018 results

Volvo Cars Tech Fund invests in electric car charging company FreeWire

Volvo Cars Tech Fund invests in electric car charging company FreeWire   Volvo Cars has acquired a stake in electric car charging company FreeWire Technologies via the Volvo Cars Tech Fund, deepening the company’s commitment to a fully electric future.   While Volvo Cars’s electrification strategy does not envision direct ownership of charging or service… Continue reading Volvo Cars Tech Fund invests in electric car charging company FreeWire

Volvo Cars CEO Håkan Samuelsson extends contract to 2022

Volvo Cars CEO Håkan Samuelsson extends contract to 2022   Volvo Cars has extended the contract of chief executive and president Håkan Samuelsson by another two years to 2022. The extension provides the company with management continuity as it continues to transform itself into a global and diversified mobility service provider.   “I have enjoyed… Continue reading Volvo Cars CEO Håkan Samuelsson extends contract to 2022

Volvo Cars’ new 360c autonomous concept: why fly when you can be driven?

Volvo Cars’ new 360c autonomous concept: why fly when you can be driven?   Imagine a world in which you travel long distances without the need for airports. A world in which you can avoid airport security, hours of queuing and waiting, and noisy, cramped airliners. What if, instead, you could take your own first-class… Continue reading Volvo Cars’ new 360c autonomous concept: why fly when you can be driven?

Volvo 360c concept calls for universal safety standard for autonomous car communication

Volvo 360c concept calls for universal safety standard for autonomous car communication   With its new 360c autonomous concept, Volvo Cars tackles one of the main challenges around the introduction of autonomous technology and calls for a new, global standard in how autonomous vehicles can safely communicate with all other road users.   Autonomous drive… Continue reading Volvo 360c concept calls for universal safety standard for autonomous car communication