Volvo Cars welcomes Polestar's strengthened business plan
GOTHENBURG, Sweden, Nov. 9, 2023 /PRNewswire/ -- Volvo Cars welcomes the strengthened business plan announced by Polestar today, which aims to take the company into a new phase of growth and profitability. Please see the announcement from Polestar here. Polestar will adopt a variety of steps ...
Volvo Cars Q2 results: full speed ahead in transformation with a solid business performance
* Q2 revenue was SEK 102.2 bn (SEK 71.3 bn in Q2 2022) * Q2 EBIT (excluding JVs and associates) was SEK 6.4 bn (SEK 4.6 bn in Q2 2022) * Q2 EBIT was SEK 5.0 bn (SEK 10.8 bn in Q2 2022) * Q2 EBIT margin, excluding JVs and associates and without non-recurring items, was 7.2 per cent * Q2 E...