Previous close | 180.78 |
Open | 182.00 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 180.60 - 182.50 |
52-week range | 180.60 - 182.50 |
Volume | |
Avg. volume | N/A |
Market cap | 3.705B |
Beta (5Y monthly) | 1.12 |
PE ratio (TTM) | 0.12 |
EPS (TTM) | 15.23 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
While other automakers have balked at following Tesla's lead and cutting prices, Ford is rolling the dice on what could be a very risky gambit.
Yahoo Finance automotive correspondent Pras Subramanian sits down with Volvo Head of Future Vehicles Gaurang Kalsaria.
OSLO (Reuters) -Volvo Car Group's July sales were down 21.5% from a year earlier as supply chain problems continued to hamper production, but could rebound in the coming months, the Sweden-based automaker said on Wednesday. A shortage of semiconductors and other components has squeezed auto industry output and sales in recent quarters, but Volvo said last month it was seeing a "marked improvement" in the stabilisation of its supply chain. "Provided this normalisation continues, the company expects production to progressively increase in the coming months," Volvo Cars said in a statement on Wednesday.
Swedish truck maker Volvo Group plans to establish a large-scale production plant for battery cells, gradually building it up towards 2030 to meet a growing demand for zero-emission transportation, the company said on Wednesday. "There is a strong demand from our customers already today, and by 2030, it is our ambition that at least 35% of the products we sell are electric," CEO Martin Lundstedt said in a statement.
STOCKHOLM (Reuters) -Volvo Cars flagged a potential dip in retail sales this year after posting higher second-quarter profits. Supply problems, above all a global shortage of semiconductors, have squeezed output and retail sales in recent quarters, but Volvo said it was seeing a "marked improvement" in the stabilisation of its supply chain. The Sweden-based carmaker said on Wednesday it expected full year retail deliveries to be lower or on par with 2021, while wholesale volumes will increase.