STOCKHOLM, Feb 26 (Reuters) - Truckmaker AB Volvo is to drop the CEO of Geely-owned Volvo Cars from its board, in a first sign of fallout from the Chinese carmaker's swoop on Germany's Daimler. Volvo ...

GOTHENBURG, Sweden, Nov. 30, 2023 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 550 Series A shares to a total of 550 Series B shares. The conversions ...

Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group has obtained a syndicated loan to refinance borrowings related to its 2018 acquisition of a stake in Volvo AB. Daimler Truck Holding AG and ...

GOTHENBURG, Sweden, April 2, 2025 /PRNewswire/ -- AB Volvo held its Annual General Meeting on April 2, 2025. The Meeting was held at Konserthuset in Göteborg, Sweden, with the option for shareholders ...

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, ...

Volvo Trucks says an order for 100 electric trucks - from European shipping firm DFDS - represents its biggest single commercial electric truck order to date. Volvo Trucks, AB Volvo's truck brand, ...

AB Volvo reported on Friday lower fourth-quarter core earnings compared with a year ago, partially due to higher material costs and supply chain snarls, though the Swedish truck maker posted core ...

AB Volvo’s patented vehicle features an advanced battery management system that includes an electronic control unit and a battery controller. This system can acquire electrical parameters, store ...

AB Volvo has elevated financial and operational leverage at a time when new orders are declining. AB Volvo's shares do not fully price in a minority discount. Its largest shareholder treats it as a ...

First things first, we need to get one thing straight out of the box. And that is, there are three Volvo companies out there. Volvo Cars was spun off from AB Volvo (a.k.a. Volvo Group) in 1999 thanks ...

Daimler, Navistar and Volvo have been criticized for not selling many electric heavy trucks, but the companies say the country first needs many more chargers. By Jack Ewing Under pressure to cut ...