Streetbeat News

VLVLY

Volvo AB

https://www.volvogroup.se/

CEO

Martin Lundstedt

Open

30.58

Mkt cap

62B

Volume

7.9K

High

30.71

P/E Ratio

12.59

52-wk high

33.33

Low

30.54

Div yield

0.06

52-wk low

23.27

Volvo Cars has agreed to purchase Northvolt's stake in their joint battery venture, NOVO Energy. The financial details of the transaction were not disclosed.

Portfolio Pulse from

January 29, 2025 | 10:15 am

Volvo Construction Equipment has launched a new lineup of articulated haulers, focusing on innovation, connectivity, productivity, and emission reduction.

Portfolio Pulse from

January 28, 2025 | 3:00 pm

Volvo Group is continuing with its $700-million truck factory project in Mexico despite potential U.S. tariffs on imports, as stated by CEO Martin Lundstedt.

Portfolio Pulse from

January 09, 2025 | 12:00 am

Volvo Group announced a delay in the high-volume production of its planned battery plant in Sweden, now expected to start a couple of years later than the original target of 2029-2030.

Portfolio Pulse from

January 08, 2025 | 10:30 pm

The article highlights a Reuters NEXT Newsmaker event featuring Volvo Group CEO Martin Lundstedt. It also provides information about Yahoo Finance's services and platforms.

Portfolio Pulse from

January 08, 2025 | 3:00 pm

Volvo Cars reported a 3% decline in December sales compared to the previous year, with a total of 73,804 cars sold. The decrease is attributed to a drop in hybrid vehicle sales.

Portfolio Pulse from

January 07, 2025 | 8:30 am

Volvo A.B. is facing challenges with stagnation in Europe and declining U.S. orders, potentially leading to a downturn in 2025. The company's 6.6% dividend yield may be unsustainable due to insufficient free cash flows, possibly requiring financing or dividend reduction. Despite these issues, Volvo maintains a healthy capital structure with additional debt capacity.

Portfolio Pulse from

January 03, 2025 | 11:00 pm

Labatt Breweries of Canada has placed the largest order of Volvo VNR Electric trucks in Canada, adding ten trucks to its fleet for sustainable transportation. This move marks a significant milestone in the adoption of electric vehicles for commercial use.

Portfolio Pulse from

December 10, 2024 | 3:45 pm

Volvo Cars reported a 5% increase in sales for November, reaching 66,977 cars, with significant contributions from Europe and the United States.

Portfolio Pulse from

December 04, 2024 | 8:30 am

Volvo Penta has announced a follow-on investment in UtilityInnovation Group, a company focused on innovative utility systems and decentralized energy solutions. This move underscores Volvo Penta's commitment to the energy transition.

Portfolio Pulse from

November 07, 2024 | 1:45 pm

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