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AB Volvo (publ) (VLVLY)

28.60

-0.01

(-0.03%)

At close: May 13 at 4:00:00 PM EDT

Tariffs – is Acura about to win big?

Due to celebrate its 40th anniversary in 2026, Acura faces challenges but also has a big opportunity which few are seeing.

Just Auto yesterday

HMC

VLVLY
-0.03%
Volvo Cars recalls over 400,000 US vehicles over rearview camera issue, NHTSA says

The recall applies to a number of Volvo models including the 2021 to 2025 XC40, as the rearview camera image may not display when the vehicle is placed in reverse, increasing the risk of a crash. The remedy for the Volvo recall will be a software update conducted by a dealer or via over-the-air. The Volvo recall comes a week after peer and Swedish electric vehicle maker Polestar recalled over 27,000 Polestar 2 vehicles in the U.S. due to a similar issue.

Reuters 6 days ago

VLVLY
-0.03%
Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite

STOCKHOLM (Reuters) -Volvo Cars said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the United States due to changing market conditions and evolving trade policies, including tariffs. A spokesperson for Volvo Cars said the changes would affect about 125 of the 2,500 employees at its factory in South Carolina. It was not immediately clear which positions would be affected or how the cuts would affect production at the plant in Charleston.

Reuters 6 days ago

VLVLY
-0.03%
Weekly Picks: 🫣 DSP's Potential, VOLV's Bold Plans and DOCN's Tailwinds

This week’s picks cover: Why Viant Technology is well positioned in the booming connected TV market, how Volvo will grow into a global leader in electric and autonomous trucks, and why Digital Ocean has multiple tailwinds driving its adoption.

Simply Wall St. 6 days ago

VLVLY
-0.03%

VOLAF

VOLVF
Volvo Cars’ Novo Energy to cut 50% of workforce amid restructuring

The workforce reduction aims to optimise operations and manage costs.

Just Auto 7 days ago

VLVLY
-0.03%
Polestar North America boss Anders Gustafsson quits, hinting at new auto retail gig

Rick Bryant, Polestar North America's operations chief and a Volvo Cars veteran, will take the top job overseeing the U.S. and Canada markets.

Automotive News 8 days ago

VLVLY
-0.03%
Volvo Cars sales fall 11% in April as fully electric cars slump

Volvo Cars, which is majority-owned by China's Geely, said in a statement sales of fully electric cars fell 32% to account for 20% of total sales volumes. Sales of electrified cars as a whole, also including plug-in hybrids, were down 16% to account for 45% of total sales. Volvo Cars, under pressure from U.S. President Donald Trump's new tariffs, is juggling the task of working with Geely to cut costs while attempting to keep selling cars to U.S. consumers, who favour hybrids and combustion-engine models.

Reuters 8 days ago

VLVLY
-0.03%
New number of votes in AB Volvo

The number of votes in AB Volvo has changed due to the conversion of a total of 12,864 Series A shares to a total of 12,864 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.

PR Newswire 13 days ago

VLVLY
-0.03%

VOLAF

VOLVF
Analysis-Troubled by Trump's tariffs, Volvo Cars' new CEO turns to Chinese owner Geely

Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of working with Chinese majority owner Geely to cut costs with attempting to keep selling cars to U.S consumers. Despite tariffs, they are seeking to sell imported cars to U.S consumers, who favour hybrids and combustion-engine models. After Volvo Cars sacked former top executive Jim Rowan, Samuelsson, who headed the company for a decade until 2022, was unexpectedly again made CEO earlier this month, with the task of navigating today's difficult times.

Reuters 13 days ago

GELYY

VLVLY
-0.03%
Volvo to add high-volume hybrid at underutilized U.S. plant, CEO says

Hakan Samuelsson says the new model is likely to be an SUV, but he will meet with U.S. dealers to get feedback before Volvo makes a final decision.

Automotive News 14 days ago

VLVLY
-0.03%
GM delays investor call, UPS axes 20,000 jobs as Trump's tariffs create corporate chaos

FRANKFURT/STOCKHOLM/DETROIT/LOS ANGELES (Reuters) -The fallout from U.S. President Donald Trump's trade war reverberated further through the corporate world on Tuesday, as delivery giant UPS said it would cut 20,000 jobs to lower costs, while General Motors pulled its outlook and pushed its investor call to Thursday pending possible changes to trade policy. The Detroit automaker, along with American ketchup maker Kraft Heinz, Swedish appliances maker Electrolux, and airline JetBlue Airways and other blue-chip names, on Tuesday joined the diverse list of companies that have pulled forecasts for 2025 or slashed outlooks, further evidence that Trump's see-sawing trade policy is taking a major toll on companies' ability to plan beyond the immediate term. "Every single prediction has been proved to be wrong," Electrolux CEO Yannick Fierling told Reuters.

Reuters 14 days ago

POAHY

VLVLY
-0.03%
Volvo Group truck sales fall amid tariff uncertainty

The truck manufacturer lowered its North American market sales forecast as higher duties shake the marketplace.

Supply Chain Dive 14 days ago

VLVLY
-0.03%
Trump tariffs force Volvo Cars to drop guidance, launch cost cuts

STOCKHOLM (Reuters) -Volvo Cars announced 18 billion Swedish crowns ($1.87 billion) in cost cuts and a restructuring of its U.S. operations on Tuesday and withdrew its earnings forecast for the next two years, sending shares down 10%. The group, one of the most exposed European automakers to U.S. tariffs as most of the cars it sells there are imported from Europe, said the trade measures had hit its first-quarter operating profit, which fell 60% to 1.9 billion crowns. Volvo's "cost and cash action plan" will include layoffs and deeper cuts in investment than previously expected, the company said, with the majority of its effects expected in 2026.

Reuters 14 days ago

VLVLY
-0.03%
Volvo Cars’ Ghent plant in Belgium starts EX30 production

The Ghent plant will also begin manufacturing EX30 Cross Country later this year.

Just Auto 15 days ago

VLVLY
-0.03%
Volvo Cars names new CFO

Deputy CFO Fredrik Hansson has taken over for Johan Ekdahl, who resigned after nearly a decade on the job.

Automotive Dive 18 days ago

VLVLY
-0.03%
Volvo Cars taps new finance chief amid market, tariff uncertainty

The company’s deputy CFO Fredrik Hansson will step into its top financial seat just a month after Håkan Samuelsson rejoined Volvo as its CEO.

CFO Dive 19 days ago

VLVLY
-0.03%
Volvo Group’s Q1 2025 net sales drop by 7%

For the first quarter, both adjusted and reported operating income also decreased to SKR13.25bn, compared to Skr18.15bn in Q1 2024.

Just Auto 19 days ago

VLVLY
-0.03%
Volvo AB (VLVLY) Q1 2025 Earnings Call Highlights: Navigating Market Challenges with Strong ...

Despite a decline in net sales, Volvo AB (VLVLY) reports robust electric vehicle orders and maintains a strong financial position.

GuruFocus.com 19 days ago

VLVLY
-0.03%
Volvo Cars appoints new CFO in latest management change

STOCKHOLM (Reuters) -Sweden-based Volvo Cars has appointed Fredrik Hansson as its new chief financial officer (CFO) effective immediately, it said on Thursday in the latest change to the auto maker's management. Last month, Volvo Cars unexpectedly brought back former CEO Hakan Samuelsson to head the group for the next two years at a turbulent time marked by mounting tariff pressures and market uncertainty. It said on Thursday that Hansson, the group's deputy CFO since 2023, would take on the job of CFO on Thursday and that Johan Ekdahl, who held the position since 2022, was leaving the company.

Reuters 19 days ago

VLVLY
-0.03%
Impressions from BAUMA 2025: Pioneering the future with Electrification, Decarbonisation, and Digital Transformation

This year's exhibition emphasised the industry’s continued drive towards a cleaner, smarter, and more connected future.

Just Auto 20 days ago

VLVLY
-0.03%

Performance Overview

Return	VLVLY	OMX Stockholm 30 Index (^OMX)
YTD	+17.26%	+1.84%
1-Year	+9.79%	-3.66%
3-Year	+108.53%	+25.72%

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AB Volvo (publ) (VLVLY)

Tariffs – is Acura about to win big?

Volvo Cars recalls over 400,000 US vehicles over rearview camera issue, NHTSA says

Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite

Weekly Picks: 🫣 DSP's Potential, VOLV's Bold Plans and DOCN's Tailwinds

Volvo Cars’ Novo Energy to cut 50% of workforce amid restructuring

Polestar North America boss Anders Gustafsson quits, hinting at new auto retail gig

Volvo Cars sales fall 11% in April as fully electric cars slump

New number of votes in AB Volvo

Analysis-Troubled by Trump's tariffs, Volvo Cars' new CEO turns to Chinese owner Geely

Volvo to add high-volume hybrid at underutilized U.S. plant, CEO says

GM delays investor call, UPS axes 20,000 jobs as Trump's tariffs create corporate chaos

Volvo Group truck sales fall amid tariff uncertainty

Trump tariffs force Volvo Cars to drop guidance, launch cost cuts

Volvo Cars’ Ghent plant in Belgium starts EX30 production

Volvo Cars names new CFO

Volvo Cars taps new finance chief amid market, tariff uncertainty

Volvo Group’s Q1 2025 net sales drop by 7%

Volvo AB (VLVLY) Q1 2025 Earnings Call Highlights: Navigating Market Challenges with Strong ...

Volvo Cars appoints new CFO in latest management change

Impressions from BAUMA 2025: Pioneering the future with Electrification, Decarbonisation, and Digital Transformation

Performance Overview