Volvo Car AB (publ.) (VLVCY)
| Market Cap | 5.54B |
| Revenue (ttm) | 38.78B |
| Net Income (ttm) | 1.32B |
| Shares Out | n/a |
| EPS (ttm) | 0.44 |
| PE Ratio | 4.19 |
| Forward PE | 5.51 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 500 |
| Average Volume | 5,489 |
| Open | 3.730 |
| Previous Close | 3.920 |
| Day's Range | 3.730 - 3.730 |
| 52-Week Range | 3.260 - 6.760 |
| Beta | 1.00 |
| RSI | 45.10 |
| Earnings Date | Apr 29, 2025 |
About Volvo Car AB (publ.)
Volvo Car AB (publ.) designs, develops, manufactures, markets, and sells cars in Sweden and internationally. The company offers battery electric vehicles; non-battery electric vehicles, such as plug-in hybrid, mild hybrid, and internal combustion engine cars; and electrified cars, as well as SUV, estate, and saloon cars. It also provides vehicle parts and accessories, as well as provides maintenance contracts, extended warranties, connectivity, and in-car software services. The company offers cars under the Volvo Cars, Audi, BMW, Lexus, Mercede... [Read more]
Financial Performance
In 2024, Volvo Car AB (publ.)'s revenue was 400.23 billion, an increase of 0.22% compared to the previous year's 399.34 billion. Earnings were 15.40 billion, an increase of 17.99%.
Financial numbers in SEK Financial StatementsNews
Volvo to cut 3,000 jobs amid Trump tariff fight
Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in Europe and China.
Volvo Cars to slash 3,000 jobs in white-collar cutback
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it said ...
Volvo Car to Cut Around 3,000 Jobs
The Swedish carmaker warned last month that job cuts were on the way as it launched a plan to cut around $1.9 billion in costs.
Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan. Mikael Sjoberg | Bloomberg | Getty Images Sweden-based automaker Volvo Cars on Monday...
Volvo Cars to cut 3,000 jobs in restructuring
Sweden-based Volvo Cars said on Monday it will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand ...
Volvo latest to warn car prices will rise due to Trump's tariffs on imports
Volvo said it could become impossible to import one of its most affordable cars to the US if levies increase.
Volvo Cars CEO says customers must pay for rising tariffs
Volvo Cars CEO Hakan Samuelsson told Reuters on Friday that the company's customers would have to pay a large part of tariff-related cost increases.
Google, Volvo Cars deepen partnership to develop Android software for vehicles
Volvo Cars and Alphabet's Google said on Wednesday the Swedish carmaker was now the lead development partner for Android automotive software, which should give its buyers access to new versions long b...
Andrea Fuder, Chief Purchasing Officer at Volvo Group has tragically passed away
GOTHENBURG, Sweden , May 18, 2025 /PRNewswire/ -- Andrea Fuder, Chief Purchasing Officer and a member of the Volvo Group Executive Board since 2017, has tragically passed away following a short illnes...
AB Volvo: The Foundation Assar Gabrielsson Prize recipients 2025 awarded
GOTHENBURG, Sweden , May 15, 2025 /PRNewswire/ -- The Assar Gabrielsson Foundation has awarded Marcus Borenäs as the winner in the basic science research category and Elizabeth Schepke as the winner i...
From price hikes to boosting US production, heres how automakers are responding to Trump's tariffs
Automakers are responding to the Trump administration's latest round of auto tariffs. Ford offered customers an employee discount, but is also raising prices on Mexico-made models.
Volvo to slash 5% of staff at South Carolina plant as Trump's tariffs fuel uncertainty
About 125 of the Charleston plant's 2,500 employees will be impacted, according to a spokesperson.
Volvo Cars recalls over 400,000 US vehicles over rearview camera issue, NHTSA says
Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said.
Volvo Cars to cut 5% of workforce at South Carolina plant in the US
Volvo Cars said on Wednesday it would cut 5% of the workforce at its Charleston plant in South Carolina in the United States due to changing market conditions and trade policies, including tariffs.
Volvo Cars' battery company Novo Energy to cut workforce by 50%
Volvo Cars' Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after an evaluation of its business following the bankruptcy of Sweden's Northvolt, which originally co-owned th...
Volvo Cars sales fall 11% in April
Volvo Cars sold 58,881 cars in April, down 11% from a year earlier, the Sweden-based company said on Monday.
New number of votes in AB Volvo
GOTHENBURG, Sweden , April 30, 2025 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 12,864 Series A shares to a total of 12,864 Series B shares. The con...
Troubled by Trump's tariffs, Volvo Cars' new CEO turns to Chinese owner Geely
Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of working with Chinese majority owner Geely [RIC:RIC:GEELY.UL] to cut costs with a...
Volvo Car AB (publ.) (VLVOF) Q1 2025 Earnings Call Transcript
Volvo Car AB (publ.) (OTCPK:VLVOF) Q1 2025 Earnings Call April 29, 2025 2:00 AM ET Company Participants Ronojoy Banerjee - Investor Relations Hakan Samuelsson - President and Chief Executive Officer F...
Volvo Car Pulls Guidance, Launches Plan to Soften Tariff Blow
The company launched a plan that aims to deliver 18 billion Swedish kronor in cost and cash savings to protect profitability.
Volvo Cars launches $1.9 billion cost-cutting drive, scraps financial guidance as earnings fall
Swedish-based automaker Volvo Cars on Tuesday announced plans to launch cost cuts of 18 billion Swedish krona ($1.87 billion) as its operating profit fell sharply in the first three months of the year...
Volvo Cars reports Q1 2025 results, launches SEK 18 billion cost and cash action plan
GOTHENBURG, Sweden , April 29, 2025 /PRNewswire/ -- Q1 revenue was SEK 82.9 bn (SEK 93.9 bn in Q1 2024) Q1 operating income (excl. JVs and associates) was SEK 1.9 bn (SEK 6.8 bn in Q1 2024) Q1 operati...
Trump tariffs force Volvo Cars to drop guidance, launch cost cuts
Volvo Cars announced 18 billion Swedish crowns ($1.87 billion) in cost cuts and a restructuring of its U.S. operations on Tuesday and withdrew its earnings forecast for the next two years, sending sha...
Volvo Cars appoints Fredrik Hansson new CFO
Sweden-based Volvo Cars said on Thursday it had appointed Fredrik Hansson as new chief financial officer (CFO).
Volvo Profit Slumps on Lower Sales, Deliveries as Tariff Uncertainty Mounts
The truck maker's earnings fell sharply, missing analysts' expectations, as sales declined 7% and deliveries fell 12% amid increasing uncertainty about U.S. tariffs.