Volvo Car AB

VOLCAR B

Equity

ISIN SE0021628898 / Valor 134364517

NASDAQ Nordic Exchange Stockholm, Equities (2025-11-21)

SEK 31.67+2.13%

Volvo Car AB
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About company

Volvo Car AB, a distinguished player in the global automotive industry, has its roots deeply embedded in Gothenburg, Sweden since its inception in 1927. The company has evolved to become a multifaceted entity, engaging in the design, development, manufacture, and marketing of a wide range of vehicles. Notably, Volvo Car AB has expanded its business beyond traditional car manufacturing to include strategic partnerships and joint ventures that underscore its commitment to innovation and sustainability. Among these ventures, HaleyTek, co-owned with ECARX, focuses on developing advanced infotainment platforms based on Android Automotive. Additionally, the joint venture NOVO Energy, in collaboration with Northvolt, signifies Volvo's forward-thinking approach by producing sustainable lithium-ion batteries aimed at powering the next generation of electric vehicles, including Volvo and Polestar cars. The company's portfolio is further diversified through its software arm, Zenseact, and its mobility service, Volvo On Demand. Volvo Car AB's strategic investments include a 30% ownership in LYNK & CO and an 18% stake in the electric performance brand Polestar. Since 2021, the company has been listed on the Nasdaq Stockholm stock exchange, marking a significant milestone in its corporate journey. With its global headquarters in Sweden, Volvo Car AB also operates key regional offices in Mahwah, New Jersey (Americas), and Shanghai (APAC), reflecting its expansive global footprint and enduring commitment to automotive excellence.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Solid Third-Quarter Performance

Amid market challenges, Volvo Car AB recorded a robust performance during the third quarter of 2023, signaling effective cost management and operational resilience.

Positive Cost and Cash Management

The company’s strategic focus on cost reduction and cash preservation is beginning to yield results, strengthening its financial position.

Incremental Sales Growth

A slight increase in sales during September reflects an early positive trend, which supports the company’s growth strategy in a difficult market environment.

Advancement in the BEV Segment

Volvo Car AB is ramping up sales of its battery electric vehicles, positioning itself strongly as it gears up for the significant January launch of the EX60.

Summarized from source with an LLMView Source

Key figures

38.0%1Y

%3Y

%5Y

Performance

50.5%1Y

53.0%3Y

53.0%5Y

Volatility