The Latest Breaking News from Volvo

With recent spikes in new vehicle sales, the global shift towards electric vehicles, and advancements like AI and 3D printing, the automotive sector is primed for growth. Thus, fundamentally solid auto stocks Honda Motor (HMC), AB Volvo (VLVLY), Copart (CPRT), Autoliv (ALV), Mazda Motor (MZDAY), Cars.com (CARS) and Ituran Location…

If you are an outdoor enthusiast or merely a person seeking a versatile vehicle, a luxury SUV is the best option for you.

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The auto industry is expected to expand this year due to strong consumer demand and rapid adaptation to changing trends. Therefore, fundamentally strong auto stocks AB Volvo (VLVLY), Isuzu Motors (ISUZY) and Volkswagen (VWAGY) might be ideal additions to your portfolio. Read on.

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Volvo Cars reported 53,402 global car sales in January, 10% more than a year ago. However, the company's plug-in car sales noted a slight decline.

In January 2024, Volvo plug-in electric car sales in the U.S. amounted to 1,875, down 21% year-over-year. The market share remained relatively high at 24.3%.

Sales of electric vehicles were increasing rapidly ... until they weren't. The auto industry is still looking ahead toward an EV future, but worries that moving too fast would hurt the bottom line.

3,016,880 new plug-in electric cars were registered in Europe in 2023. The market share amounted to 24%.