Latest in Volvo Backtracks
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Volvo Global Sales Boosted by EVs
The carmaker’s global sales rose 3% in October, with solid performance of its electrified range in Europe, but sales in the U.S. and China declined.Business - The Wall Street Journal - 5 days ago -
Labour backtracks on push for genocide ruling on China’s treatment of Uyghurs
Exclusive: Party drops plan for formal recognition laid out last year by David Lammy, who will visit Beijing on Friday. UK politics live – latest updates Labour has backtracked on plans to ...World - The Guardian - October 17 -
Liam Payne's producer backtracks on plan to release singer's first posthumous single
A producer who worked with Liam Payne said on Tuesday he will no longer be releasing Payne's first posthumous single this Friday as initially planned, saying instead "we will all wait."Top stories - NBC News - October 29 -
Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23 -
Truck maker Volvo's Q3 adjusted profit falls more than expected
Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...Sports - Yahoo Sports - October 18 -
Volvo Cars says it will not support Northvolt as it slashes sales guidance
Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key marketsBusiness - Financial Times - October 23 -
Volvo Cars slashes outlook citing ‘increasingly volatile environment’
Volvo Cars CEO Jim Rowan said the company is facing slower demand in Europe, the U.S. and China.Business - MarketWatch - October 23 -
Volvo moves to buy out Northvolt from Gothenburg battery project
Chinese-owned Swedish carmaker is reviewing options for a potential partnershipBusiness - Financial Times - October 30