We pride ourselves on being a leader in automotive safety. So naturally, we are honoured that TIME has named the driver understanding system in the new Volvo EX90 SUV as one of its 2024 Best Inventions.
Volvo Cars today reports a core operating profit (EBIT), excluding joint ventures and associates, of SEK 5.7 billion for the third quarter of 2024, versus SEK 6.1 bn for the same period in 2023.
The automotive industry is currently challenged by different headwinds driven by geopolitical and macroeconomic uncertainties that impact the entire industry, including market sentiment, rapid technology shifts and supply chains. Volvo Cars is taking a further step in gearing up to navigate this environment with speed and agility.
Volvo Cars reported global sales of 62,458 cars in September, up 1 per cent compared to the same period last year. The company's sales of electrified models, fully electric and plug-in hybrid models, grew 43 per cent compared to the same period last year and accounted for 48 per cent of all cars sold during September. The share of fully electric cars constituted 24 per cent of all cars sold for t...
Volvo Cars reported global sales of 52,944 cars in August, up 3 per cent compared to the same period last year. The sales increase was primarily driven by the strong performance of our fully electric cars in Europe, while the Chinese market was more challenging.
Volvo Cars has adjusted its core business ambitions for the coming years, reflecting the company’s relentless focus on value creation while remaining pragmatic amidst fluid market conditions.
On Volvo Cars’ Capital Markets Day, held today in Gothenburg, Sweden, we will reveal our new, game-changing approach to technology. This new approach will define the company’s future by channeling all our engineering efforts into one direction: making cars that get better with time.
Starting with the EX90, our future electric cars will be based on the same fundamental core of systems, modules, so...
