Must-Watch EV and AV Stocks to Supercharge Your Portfolio

An updated edition of the March 13, 2025 article. Electric and autonomous vehicles are no longer just the future—they’re quickly becoming the present. Per BloombergNEF, global electric vehicle (EV) sales are expected to hit nearly 22 million this year, a sharp 25% jump from last year. One in every four cars sold this year will… Continue reading Must-Watch EV and AV Stocks to Supercharge Your Portfolio

Eicher Opens New Dealership for Pro X Small Trucks in Delhi

Eicher Trucks & Buses inaugurated an exclusive dealership for its Eicher Pro X range in Delhi’s Nangli Poona Industrial Area. The Mohan Tractors Private Limited facility is designed as a 3S (sales, service, and spares) dealership with digital tools and interactive displays. The dealership, located on NH-1 GT Karnal Road, targets fleet owners and transporters… Continue reading Eicher Opens New Dealership for Pro X Small Trucks in Delhi

Volvo XC60 Becomes the Brand’s Best-Selling Model with Over 2.7 Million Units Sold

The Volvo XC60 has officially become the highest-selling model in the company’s history, surpassing the Volvo 240 with more than 2.7 million units sold globally since its launch in 2008. This development marks a significant shift in consumer preference from traditional estate vehicles to mid-size SUVs. Known for its combination of Scandinavian design, safety features,… Continue reading Volvo XC60 Becomes the Brand’s Best-Selling Model with Over 2.7 Million Units Sold

Volvo Group Receives EU Innovation Support for CarbonSmart Initiative

GOTHENBURG, Sweden, June 24, 2025 /PRNewswire/ — Volvo Group’s engine plant in Skövde, Sweden, has been awarded up to €49 million from the EU Innovation Fund to support the CarbonSmart Factory project: SPACE. This initiative aims to advance Volvo’s transformation through net-zero innovation and clean technology. “We transition towards sustainable foundry operations by electrifying key… Continue reading Volvo Group Receives EU Innovation Support for CarbonSmart Initiative

Volvo Construction Equipment Sells Chinese Subsidiary SDLG for $700 Million

Volvo Construction Equipment has agreed to sell its majority stake in Chinese subsidiary SDLG to a fund controlled by the Lingong Group for SEK 8 billion ($700 million), the Swedish construction equipment manufacturer announced. The transaction will generate a positive impact of SEK 1 billion on operating income when completed. The sale involves Volvo CE’s… Continue reading Volvo Construction Equipment Sells Chinese Subsidiary SDLG for $700 Million

Volvo Construction Equipment Sells Chinese Subsidiary SDLG for $700 Million

Volvo Construction Equipment has agreed to sell its majority stake in Chinese subsidiary SDLG to a fund controlled by the Lingong Group for SEK 8 billion ($700 million), the Swedish construction equipment manufacturer announced. The transaction will generate a positive impact of SEK 1 billion on operating income when completed. The sale involves Volvo CE’s… Continue reading Volvo Construction Equipment Sells Chinese Subsidiary SDLG for $700 Million