Volvo Cars reports Q3 2024 core operating profit of SEK 5.7 billion
* Q3 operating profit (excl. JVs and associates) was SEK 5.7 bn, vs SEK 6.1 bn in Q3 2023 * Q3 operating profit was 5.8 bn SEK, vs SEK 4.5 bn in Q3 2023 * Q3 EBIT margin (excl. JVs and associates) was 6.2 per cent, vs 6.7 per cent in Q3 2023 * Q3 EBIT margin was 6.2 per cent, vs 4.8 per ce...
Volvo Cars adjusts core business ambitions for 2026 and beyond
GOTHENBURG, Sweden, Sept. 5, 2024 /PRNewswire/ -- Volvo Cars has adjusted its core business ambitions for the coming years, reflecting the company's relentless focus on value creation while remaining pragmatic amidst fluid market conditions. The adjusted business ambitions are revealed ahead of ...
All future electric Volvo cars will originate from one single technology stack
GOTHENBURG, Sweden, Sept. 5, 2024 /PRNewswire/ -- On Volvo Cars' Capital Markets Day, held today inGothenburg, Sweden, we will reveal our new, game-changing approach to technology. This new approach will define the company's future by channeling all our engineering efforts into one direction: ma...
From car to cloud: Volvo Cars expands collaboration with NVIDIA
GOTHENBURG, Sweden, Sept. 5, 2024 /PRNewswire/ -- At Volvo Cars, we don't focus on technology for the sake of technology. We develop human-centric technology that creates value and makes cars safer, life better, without compromise on safety. Our software-defined cars are a key part of this ambit...
