We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

Volvo Cars CEO Jim Rowan says the automaker could consider both production and supplier relocation if needed in the face of ...

Sweden-based Volvo Cars reported a fall in fourth-quarter operating profit on Thursday and predicted a turbulent 2025 with ...

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...

Operating profit at the company, which is majority-owned by China's Geely, was 3.9 billion Swedish crowns ($357 million) ...

The car maker cautioned that intense competition will likely drive increasing discounts this year, making it a challenge to ...

Volvo Cars had a second consecutive record-breaking year in 2024 and today reports the highest full-year retail sales, revenues and core operating profit in its 98-year history. However, the company ...

Volvo Cars boss Jim Rowan echoed Elon Musk, telling Business Insider he disagrees with the idea that governments should subsidize the EV industry.

With nearly 500 horsepower, aggressive styling and cutting-edge technology, this plug-in hybrid wagon is more of a stealthy ...

The auto industry is entering 2025 facing continued challenges from weaker demand for electric vehicles and increasing competition from lower-cost Chinese EV makers. Rowan said on a call Thursday that ...

Somerset Live readers have been inundating us with ideas and theories on how a mystifying car accident in Taunton that left ...