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Volvo CEO Says China Market Gone, Luxury Weakness Remains

Bloomberg Markets·7 days ago
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#bloomberg#business#volvo#photo#article

Volvo plunged by about 30% to a record low after the Swedish automaker’s chief executive officer said the market for Western-developed cars in China is disappearing fast, prompting it to cut 2,500 more jobs.…

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Volvo Cars plunges 26% as CEO says China sales slump came 'faster than we thought'
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Volvo Cars plunges 26% as CEO says China sales slump came 'faster than we thought'

US Top News and Analysis·7 days ago
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#cnbc#business#cars#china#volvo

The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."

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Feds Killed Polestar and Spared Volvo. That Should Terrify You
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Feds Killed Polestar and Spared Volvo. That Should Terrify You

Hacker News·4 months ago
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#thedrive#polestar#volvo#cars#automaker

Polestar is done in the U.S. market. Its sister brand Volvo, owned by the same Chinese parent company, was spared. No one has explained why.

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I drove the Volvo EX30 for a week — and it's hands down the best all-around EV you can buy
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I drove the Volvo EX30 for a week — and it's hands down the best all-around EV you can buy

Tom's Guide·John Velasco·6 months ago
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#section#att#tmobile#verizon#ex30

From Tomsguide RSS Feed: 'If I had to buy a vehicle right now, the 2026 Volvo EX30 Ultra would be at the top of my list' — here's my pros and cons after a week of driving

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I drove the Volvo S60 Recharge for a week — and it’s the perfect example of why software matters
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I drove the Volvo S60 Recharge for a week — and it’s the perfect example of why software matters

Tom's Guide·John Velasco·6 months ago
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#att#tmobile#verizon#nothingphone#software

From Tomsguide RSS Feed: I drove the Volvo S60 Recharge for a week — and it’s the perfect example of why software matters

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Volvo open to building EVs in US for Chinese parent Geely, CEO says
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Volvo open to building EVs in US for Chinese parent Geely, CEO says

Business Insider·Tom Carter·6 months ago
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#post#search#account#chinese#volvo

Håkan Samuelsson told BI that Volvo would consider building cars from its Chinese parent company, Geely, at its factory in South Carolina.

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Geely says it will stop building factories and start borrowing everyone else’s instead
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Geely says it will stop building factories and start borrowing everyone else’s instead

#thenextweb#geely#volvo#factories#https

Li Shufu, the billionaire chairman of Geely Holding Group and the man who bought Volvo Cars from Ford for $1.8 billion in 2010, has arrived at a conclusion that many of his peers in the global automotive industry have been slower to reach: the world has…

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Volvo’s EX30 EV is getting cheaper and adds a cool reverse charging perk
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Volvo’s EX30 EV is getting cheaper and adds a cool reverse charging perk

Digital Trends·Shikhar Mehrotra·7 months ago
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#cars#volvo#volvoev#volvoex30#battery

From a lower starting price to a feature that turns the car into a power bank, the refreshed EX30 has a lot going for it — baggage included.

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