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Volvo


Новости

Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead July 12 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 15-Jul-2024 NTS ORK.OL Orkla ASA Q2 2024 Orkla ASA Earnings Release 17-Jul-2024 05:00 NEL.OL Nel ASA Q2 2024 Nel ASA Earnings Release 18-Jul-2024 NTS TEL.OL Telenor ASA Q2 2024 Telenor ASA Earnings Release 18-Jul-2024 NTS PGS.OL^G24 5088687729 PGS ASA Tgs Newco AS Q2 2024
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Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production

Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production By David Shepardson WASHINGTON, July 11 (Reuters) - The Biden administration plans to award General Motors GM.N and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components, it said on Thursday.
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Barclays starts Volvo at 'equal weight' as it prefers German peers

BUZZ-Barclays starts Volvo at 'equal weight' as it prefers German peers ** Barclays initiates Volvo VOLVb.ST with "equal weight" and says it prefers German peers over the Swedish truck maker based on their turnaround potential ** It sets Volvo's PT at SEK 300 vs SEK 263.2 at Tuesday's close ** The broker prefers Daimler Truck DTGGe.DE and Traton 8T
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U.S. light-vehicle sales volumes in Q2 2024

TABLE-U.S. light-vehicle sales volumes in Q2 2024 July 9 (Reuters) - The following are the U.S. light-vehicle sales volumes for Q2 2024: AUTOMAKER Q2 2024 Q2 2023 PCT CHNG 1 General Motors 696,086 691,978 0.6% 2 Toyota Motor^^ 621,549 568,962 9.2% 3 Ford Motor 536,050 531,662 0.8% 4 Honda Motor Co^ 356,457 347,025 2.7% 5 Fiat Chrysler 344,993 434,6
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Zeekr's sales jump as Chinese dominate Russian EV market

CORRECTED-FOCUS-Zeekr's sales jump as Chinese dominate Russian EV market Corrects paragraph 19 to make clear that Zeekr listed on the NYSE, not on Nasdaq, in May Chinese brands now make up over half of car sales in Russia Zeekr dominates EV sector despite lacking official presence Lack of charging stations, plentiful oil hinder EV market growth Electric cars still account for less than 2% of Russian market By Gleb Stolyarov and Alexander Marrow MOSCOW, June 27 (Reuters) - Sales of Zeekr electric
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Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports

UPDATE 1-Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports Updates sourcing June 26 (Reuters) - Volvo Cars VOLCARb.ST will postpone the U.S. deliveries of its EX30 electric vehicle as it focuses on expanding production of the compact SUV outside China in the wake of tariff hikes on exports from the country, a company spokesperson said on Wednesday.
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Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports, Bloomberg News reports

Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports, Bloomberg News reports June 26 (Reuters) - Volvo VOLCARb.ST will postpone the U.S. deliveries of its EX30 electric car as it shifts production of the compact SUV out of China in the wake of tariff hikes, Bloomberg News reported on Wednesday. The EX30's shipments to the United States were due this fall, but the automaker won't deliver the cars until 2025 because of the introduction of tariffs of more than 100% on Chinese
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US business equipment borrowings up 11% in May, ELFA says

US business equipment borrowings up 11% in May, ELFA says June 25 (Reuters) - U.S. companies borrowed 11% more to finance equipment investments in May compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. Companies signed up for new loans, leases and lines of credit worth $10.2 billion in May, down 7% from a month ago.
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What are EV startups doing to ride out weak demand?

FACTBOX-What are EV startups doing to ride out weak demand? Adds Fisker details June 18 (Reuters) - Fisker filed for bankruptcy protection on Monday, the latest electric-vehicle startup to succumb to fundraising difficulties, slow sales, as well as supply chain and distribution challenges. Demand has been weak for Fisker's flagship Ocean electric SUV.
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What are EV startups doing to ride out weak demand?

FACTBOX-What are EV startups doing to ride out weak demand? Updates throughout June 18 (Reuters) - U.S. electric vehicle startups are turning to cheaper models, slamming the brakes on their production ramp-up plans and laying off employees to navigate a slump in demand due to steep borrowing costs and high repair expenses for the vehicles. F isker filed for bankruptcy protection on Monday, becoming the latest electric-vehicle startup to succumb to fundraising difficulties, production hurdles and
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France and Belgium strengthen their cooperation in land defence

France and Belgium strengthen their cooperation in land defence BRUSSELS, June 17 (Reuters) - France and Belgium signed a memorandum of understanding on Monday to strengthen their cooperation in land defence with both countries acquiring each a 10% stake in John Cockerill Defense, the defence unit of Belgian equipment maker John Cockerill. "This equity investment will shortly be formalized and secured by the conclusion of an investment agreement and a shareholders' pact, defining the legal and f
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EU set to disclose tariff rates for Chinese electric vehicles

EU set to disclose tariff rates for Chinese electric vehicles By Philip Blenkinsop BRUSSELS, June 10 (Reuters) - The European Commission is this week expected to disclose the tariffs it plans to impose on Chinese electric vehicles (EVs) due to what it says are excessive subsidies, a move likely to prompt stern words and possible retaliation from Beijing.
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Trimming risk exposure as BOJ, Fed loom

MORNING BID ASIA-Trimming risk exposure as BOJ, Fed loom By Jamie McGeever June 10 (Reuters) - A look at the day ahead in Asian markets. Asian markets on Monday get their first chance to react to the global market fallout from Friday's U.S. employment report, which saw the biggest one-day rise in Treasury yields and the dollar in two months. Traders also pared back Fed rate cut expectations - the probability of a pre-election rate cut is now no more than 50-50, and two full rate cuts are no long
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Volvo shifting EV production to Belgium to avoid China tariffs, The Times reports

UPDATE 1-Volvo shifting EV production to Belgium to avoid China tariffs, The Times reports Adds Volvo's response in paragraphs 6-8 June 9 (Reuters) - Volvo Car VOLCARb.ST has started to shift production of Chinese-made electric vehicles to Belgium in anticipation that the European Union will crack down on Beijing-subsidised imports, the Times reported on Saturday.
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Volvo shifting EV production to Belgium to avoid China tariffs, The Times reports

CORRECTED-Volvo shifting EV production to Belgium to avoid China tariffs, The Times reports Corrects wording of headline June 9 (Reuters) - Volvo cars VOLCARb.ST has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday.
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Asmi, Beiersdorf, SSE

CORRECTED-EUROPE RESEARCH ROUNDUP-Asmi, Beiersdorf, SSE Corrects Greenyard NV entry to say KBC Securities raises target price to EUR 9.5 from EUR 8.5 (not 6.30) and Arcadis NV entry to say KBC Securities cuts (not raises) to 'accumulate' from 'buy'; raises target price to EUR 66 from EUR 61 (not 61.7 June 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Asmi, Beiersdorf and SSE, on Friday.
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SoftBank-backed Tempus AI seeks up to $6.1 bln valuation in US IPO

UPDATE 2-SoftBank-backed Tempus AI seeks up to $6.1 bln valuation in US IPO Adds background and details on competitors, customers and funding in paragraphs 4-10 June 5 (Reuters) - Tempus AI, backed by Japanese tech investment firm SoftBank Group 9984.T , is targeting a valuation of up to $6.10 billion for its U.S. initial public offering, nearly three years after the genetics-testing company laid the ground for its listing.
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Auto File: Testing Times for Toyota

Auto File: Testing Times for Toyota June 4 (Reuters) - Nick Carey European Autos Correspondent nick.carey@thomsonreuters.com Greetings from London! This is my first day taking the Auto File over from its creator, Joe White. Talk about filling big shoes. We’re all immensely happy for Joe that he’s driven off into the sunset to enjoy retirement.
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Volvo to issue world's first EV battery passport ahead of EU rules

Volvo to issue world's first EV battery passport ahead of EU rules By Nick Carey LONDON, June 4 (Reuters) - Volvo Cars is launching the world's first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is about to start production, the Swedish automaker told Reuters.
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Reuters Events: Wanted - Customers for electric truck fleets

Reuters Events: Wanted - Customers for electric truck fleets By Lisa Baertlein ATLANTA, May 24 (Reuters) - U.S. trucking firms say a government-mandated transition from diesel to electric big rigs could end up costing them big money if customers are not willing to pay a premium for zero-emissions shipping services. Executives at several fleet owners told Reuters they have had trouble persuading clients to pay more for use of their electric trucks, with most prioritizing money over shining up the
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