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Volvo

Tin tức

Reuters - 2 ngày trước

Drivers more likely to be distracted while using partial automation tech, study shows

UPDATE 1-Drivers more likely to be distracted while using partial automation tech, study shows Adds response section with statement from Volvo in paragraph 17; adds location in paragraph 2 By Abhirup Roy Sept 17 (Reuters) - Drivers are more likely to engage in non-driving activities such as checking their phones when using partial automation systems, new research showed on Tuesday.
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Reuters - 4 ngày trước

Daimler Truck to start series production of fully-electric heavy truck

Daimler Truck to start series production of fully-electric heavy truck HANNOVER, Sept 15 (Reuters) - Daimler Truck DTGGe.DE will start producing its first fully-electric heavy truck Mercedes-Benz eActros 600 in November this year, the bus and truckmaker said on Sunday. Daimler Truck received 2,000 orders for the eActros600 after sales began at the end of last year.
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Reuters - 1 tuần trước

Volvo Trucks delays start of construction for battery plant in Sweden

CORRECTED-Volvo Trucks delays start of construction for battery plant in Sweden Corrects in headline and paragraph 1 to make clear the planned factory is in Sweden, not Mexico, removes references to Volvo's Mexico and North America plans in final paragraphs COPENHAGEN, Sept 13 (Reuters) - Sweden's Volvo VOLVb.ST , a global leader in electric trucks, said it would delay the construction start of its planned battery plant in Mariestad in Sweden .
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Reuters - 1 tuần trước

Mexico's commercial vehicle sales expected to hit record in 2024

Mexico's commercial vehicle sales expected to hit record in 2024 MEXICO CITY, Sept 11 (Reuters) - Sales of commercial vehicles in Mexico could hit a record this year, the Mexican Automotive Distributors Association (AMDA) said on Wednesday. WHY IT'S IMPORTANT Mexico exported $593 billion worth of goods in 2023, with much of it transported over land using trucks or tractor-trailers.
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Reuters - 1 tuần trước

Auto File: EVs in reverse and reality catches up with Volvo

Auto File: EVs in reverse and reality catches up with Volvo By Nick Carey , European Autos Correspondent Greetings from London! Volkswagen’s shock announcement last week that it was considering shutting some plants in Germany and thus engaging in a battle with its powerful unions has remained a hot topic, raising questions about the future of Germany’s economic model .
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Reuters - 2 tuần trước

From Boeing to Detroit Three, US labor unions flex muscle

From Boeing to Detroit Three, US labor unions flex muscle Changes headline, recasts paragraph 1, adds Boeing labor deal in paragraph 14 By Mrinalika Roy Sept. 8 (Reuters) - U.S. planemaker Boeing .N> has averted a possible strike after reaching a tentative labor deal with a union representing more than 32,000 workers in the U.S. Pacific Northwest, the latest in a series of labor negotiations that brought double-digit wage increases despite a tight labor market and stubborn inflation.
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Reuters - 2 tuần trước

Volvo Car slips as market digests Thursday's CMD

BUZZ-Volvo Car slips as market digests Thursday's CMD ** Shares in Volvo Car VOLCARb.ST dip about 5% to their lowest since end-January as market digests takeaways from the company's capital market day on Thursday ** The Swedish automaker scaled back its margin and revenue ambitions for a second time in a year, a day after it abandoned its EV-only t
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Reuters - 2 tuần trước

Volvo Cars scales back margin and revenue ambitions

UPDATE 4-Volvo Cars scales back margin and revenue ambitions Volvo Cars lowers operating profit margin target to 7-8% Second time automaker has changed goals in a year CEO sees EV transition taking longer than expected Adds reason for target change in paragraphs 1 and 6, CEO comment in paragraph 7, EV association comment paragraphs 11-13 By Marie Mannes and Nick Carey Sept 5 (Reuters) - Swedish automaker Volvo Cars VOLCARb.ST slashed its margin and revenue ambitions for a second time in a year o
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Reuters - 2 tuần trước

BYD's global expansion push runs into stiff Japan test

FOCUS-BYD's global expansion push runs into stiff Japan test BYD's expansion in Japan hindered by consumer scepticism Automaker faces subsidy cuts in Japan, increase in marketing costs BYD aims for 100 quick chargers in Japan by end of next year By Daniel Leussink YOKOHAMA, Japan, Sept 5 (Reuters) - BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in Japan, aiming to boost sales in a market that has become a stumbling block in the Chinese aut
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Reuters - 2 tuần trước

Volvo Cars abandons 2030 only target

UPDATE 5-Volvo Cars abandons 2030 EV-only target Volvo Cars drops 2030 as target for fully electric lineup Says plug-in hybrids will be critical part of profit growth Demand for EV's has slowed Shares fall more than 7% Adds comments from head of strategy, graphic on EV vs hybrids By Marie Mannes STOCKHOLM, Sept 4 (Reuters) - Swedish automaker Volvo Cars VOLCARb.ST scrapped its target of going all electric by 2030 on Wednesday, saying it now expected to still be offering some hybrid models in its
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Reuters - 2 tuần trước

Incorrect research alert on Volvo AB withdrawn

ADVISORY-Incorrect research alert on Volvo AB withdrawn Sept 3 (Reuters) - An alert on Exane BNP Paribas cutting its rating on Volvo AB VOLVb.ST is incorrect and has been withdrawn. The brokerage lowered its recommendation on Volvo Car AB VOLCARb.ST , an unrelated company. For the correct research alert on Volvo Car AB, click here . STORY_NUMBER: F
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Reuters - 2 tuần trước

Volvo Trucks to launch electric truck with 600 km range

Volvo Trucks to launch electric truck with 600 km range By Jesus Calero Sept 3 (Reuters) - Sweden's Volvo VOLVb.ST will launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373 miles) on a single charge, its truckmaking arm said on Tuesday. The new model, expected to hit the market in the second half of 2025, caters to customers requiring longer hauls by maximizing battery space while improving the truck's software.
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Reuters - 3 tuần trước

HSBC says European truck market sentiment has bottomed out, improvement to come

BUZZ-HSBC says European truck market sentiment has bottomed out, improvement to come ** HSBC says truck market sentiment has bottomed out and should improve in the coming quarters and into H1 2025 ** It points to policy easing, relatively low levels of order cancellations, and normalised lead times and used values as reasons for the expected improv
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Reuters - 3 tuần trước

Polestar posts further loss, hit by demand slowdown and delay in car launches

Polestar posts further loss, hit by demand slowdown and delay in car launches STOCKHOLM, Aug 29 (Reuters) - Polestar PSNY.O posted a second quarter operating loss on Thursday, a day after the Swedish electric vehicle (EV) maker replaced its CEO amid funding issues and flagging sales. The luxury car maker has struggled like other EV startups to become profitable, hindered by extensive delays to model launches, missed delivery goals and higher costs.
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Reuters - 3 tuần trước

EV maker Polestar taps industry veteran as CEO to shake-up faltering business

UPDATE 4-EV maker Polestar taps industry veteran as CEO to shake-up faltering business Adds shares and background in paragraph 2 By Marie Mannes STOCKHOLM, Aug 28 (Reuters) - Polestar PSNY.O> will replace long-serving CEO Thomas Ingenlath with a former boss of Opel and EV startups as the company fights to shake up its business after years of delayed model launches, missed delivery targets and further separation from Volvo Cars.
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Reuters - 3 tuần trước

Auto File-Ford slows its EV roll 

Auto File-Ford slows its EV roll  Aug 27 - By Nick Carey , European Autos Correspondent Greetings from London! The auto industry’s summer of trade barriers continues, as Canada joined the club this week with a 100% tariff on imported Chinese-made electric vehicles, similar to one announced next door by the Biden administration. In the short term the tariffs will mostly affect Tesla’s imports into Canada, but they also send a clear message to Chinese automakers like BYD, which wants to enter
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Reuters - 3 tuần trước

GS sees slowing sales for truckmakers, cuts Daimler Truck to 'neutral'

BUZZ-GS sees slowing sales for truckmakers, cuts Daimler Truck to 'neutral' ** Goldman Sachs sees slowing end market demand for truckmakers and cuts its 2025 delivery estimates by about 10% on average for Daimler Truck DTGGe.DE , Traton 8TRA.DE and Volvo VOLVb.ST ** The deceleration seems to be driven above all by the U.S., the broker says ** It cuts Daimler Truck to "neutral" from "buy", noting its exposure to the U.S.; stock down 0.8% at 1118 GMT ** "We see risks of Daimler cutting guidance ag
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Reuters - 3 tuần trước

AB Foods, Bunzl, Barratt

EUROPE RESEARCH ROUNDUP- AB Foods, Bunzl, Barratt Aug 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AB Foods, Bunzl and Barratt on Tuesday. HIGHLIGHTS * AB Foods ABF.L : Deutsche Bank cuts to sell from hold * Bunzl BNZL.L : JP Morgan raises target price to 3,660p from 3,380p * Barratt BDEV.L : Morgan Stanley resumes coverage with equal-weight rating * Continental AG CONG.DE : UBS raises to buy from neutral * Schindler Holding
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Reuters - 4 tuần trước

Volvo picks Monterrey for $700 mln Mexico truck plant

UPDATE 2-Volvo picks Monterrey for $700 mln Mexico truck plant Adds construction costs in paragraph 1 STOCKHOLM, Aug 23 (Reuters) - Sweden's AB Volvo VOLVb.ST has picked Monterrey in northern Mexico as the site for its new North American heavy-duty truck factory and expects construction to cost $700 million, it said on Friday. Volvo had announced in April that it aimed to build a plant in Mexico to supply the group's Volvo Trucks and Mack Trucks businesses in the United States and Canada as well
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Reuters - 4 tuần trước

Volvo To Build Mexican Heavy-Duty Truck Manufacturing Plant In Monterrey

BRIEF-Volvo To Build Mexican Heavy-Duty Truck Manufacturing Plant In Monterrey Aug 23 (Reuters) - Volvo AB VOLVb.ST : WILL BUILD ITS NEW MEXICAN HEAVY-DUTY TRUCK MANUFACTURING PLANT IN MONTERREY PLANT IS EXPECTED TO BE OPERATIONAL IN 2026 MONTERREY PLANT REPRESENTS AN INVESTMENT OF APPROXIMATELY USD 700 M (SEK 7.2 BILLION) Source text for Eikon: ID
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