Volvo shares climb as October sales rise 10%, driven by strong EV demand

Volvo Cars reported a 10% rise in global sales in October 2023, driven by electrified models, with notable increases in Europe and the U.S., despite flat sales in China.

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.55%

Sweden's stock market saw gains led by Basic Materials, Oil & Gas, and Industrials, with notable performances from SCA, Hexagon, and Volvo, while Electrolux suffered significant losses.

Volvo shares rise as UBS upgrades stock to 'neutral' amid improved 2025 outlook

Stifel upgrades Volvo to 'buy' on strong 2025 outlook, growth prospects

Stifel upgrades Volvo to 'buy,' forecasting a positive outlook for 2025 despite challenges in earnings and construction equipment, signaling potential growth in the North American truck market.

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.33%

Sweden's OMX Stockholm 30 rose 0.33% on Friday, driven by gains in Basic Materials, Telecoms, and Industrials, with notable performers including Volvo and SKF.

Volvo Cars sees meager 1% rise in sales in September amid market volatility

Volvo Cars reported a 1% rise in September sales, with electrified models increasing by 43%. European sales grew 23%, while the U.S. and China saw declines.

Volvo Cars lowers its profit and sales targets

Volvo Car AB lowers 2026 EBIT margin target to 7-8%, revises revenue projections, and aims for significant electrification in sales by 2025 and 2030.