Tag: Volvo

WEBWIRE – Friday, October 6, 2023 The new Volvo EX30 has been honoured with its first major awards, even before the earliest cars have reached customers. In a perfect prelude to the fully electric small SUVs arrival in some markets later this year, it has been crowned Car of the Year by The Sun and Small SUV/Crossover of the Year in the News UK Motor Awards. Announced at a presentation ceremony in London today, the accolades highlight the qualities that make the EX30 the benchmark model in its class: a choice of pure electric powertrains, cutting-edge technology and Volvo quality, ... Read more

WEBWIRE – Friday, July 21, 2023 Q2 revenue was SEK 102.2 bn (SEK 71.3 bn in Q2 2022) Q2 EBIT (excluding JVs and associates) was SEK 6.4 bn (SEK 4.6 bn in Q2 2022) Q2 EBIT was SEK 5.0 bn (SEK 10.8 bn in Q2 2022) Q2 EBIT margin, excluding JVs and associates and without non-recurring items, was 7.2 per cent Q2 EBIT margin (excluding JVs and associates) was 6.3 per cent (6.5 per cent in Q2 2022) Q2 EBIT margin was 4.9 per cent (15.1 per cent in Q2 2022) Q2 basic earnings per share was SEK 1.12 (SEK ... Read more

Volvo Cars and Northvolt will open a joint research and development (R&D) centre in Gothenburg as part of a SEK 30 billion investment in battery development and manufacturing. The R&D centre, which will become operational in 2022, will create a few hundred jobs in Gothenburg and positions Volvo Cars as one of the few automotive brands to make battery cell development and production part of its end-to-end engineering capabilities…

Volvo Trucks’ new generation of heavy duty trucks – the Volvo FH, FH16, FM and FMX – are now available in Singapore. These four new trucks have a strong focus on the driver environment, safety and productivity. With this new range, Volvo Trucks Singapore aim to be their customers’ best business partner by making them even more competitive and help them attract the best drivers in an increasingly tough market. “We are very excited that our new generation of trucks will soon be reaching our valued customers in Singapore, our first market in Southeast Asia. All four truck models have ... Read more