Volvo had a challenging 2025, with sales falling by 7 percent. Meanwhile, Polestar, which was spun out from the Swedish OEM’s ...
Swedish automaker Volvo Cars said Tuesday that it was pausing operations at a battery factory under construction, dismissing all 75 workers there, after failing to find a partner for the business.
Geely will build more vehicles in Europe using existing plants owned by Volvo Cars as the Chinese group’s founder warned of ...
By Marie Mannes and Alessandro Parodi GOTHENBURG, March 31 (Reuters) - Volvo Cars said on Tuesday it had agreed to convert ...
Say what you will about the US import tariffs on automobiles and their unpleasant effects on automakers and buyers alike, but ...
Volvo Cars to convert $300M of Polestar debt to equity, consolidating US manufacturing and strengthening ties under Geely ...
Geely chairman Li Shufu says the company will no longer build new factories, using Volvo's existing plants and partnerships ...
Forbes contributors publish independent expert analyses and insights. I write about the auto industry and its impact on almost everything. Volvo Cars said Tuesday it add a “next-generation hybrid ...
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Volvo Cars to swap over $300 million of Polestar debt to equity to consolidate US manufacturing
GOTHENBURG, March 31 (Reuters) - Volvo Cars said on Tuesday it had agreed to convert into shares about $274 million in credit ...
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