Volvo Car AB ADR (VLVCY)
OTC PINK OTC PINK Primary Summary
Volvo recalls over 40,000 electric SUVs worldwide over battery fire concerns
Volvo is recalling over 40,000 EX30 electric SUVs worldwide due to a battery fire risk. Owners are urged to limit charging to 70% until safety repairs are completed.
Exclusive: Volvo Cars to recall 40,000 electric SUVs over battery fire risk
Volvo Cars will recall over 40,000 of its flagship electric EX30 SUVs because their battery packs risk overheating, it told Reuters on Monday, a move that could dent the automaker's hard-earned reputation for safety and cost it millions of dollars.
Volvo Car AB (publ.) (VLVCY) Q4 2025 Earnings Call Transcript
Volvo Car AB (publ.) (VLVCY) Q4 2025 Earnings Call Transcript
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Volvo Car AB ADR Profile
| Automobiles Industry | Consumer Discretionary Sector | Mr. Hakan Samuelsson CEO | OTC PINK Exchange | US92887P1093 ISIN |
| US Country | 42,600 Employees | 13 May 2024 Last Dividend | - Last Split | - IPO Date |
Overview
Volvo Car AB (publ.) is a distinguished entity in the automotive industry, primarily focusing on the design, development, manufacture, assembly, and sale of passenger cars, both in Sweden and internationally. Established in 1927, the company has carved out a notable presence with its headquarters in Gothenburg, Sweden. Operating as a subsidiary under Geely Sweden Holdings AB, Volvo Car AB (publ.) demonstrates a successful blend of historical legacy and modern innovation, bringing forward a range of vehicles that are highly regarded for their quality, safety, and performance.
Products and Services
The company’s product range is diverse, catering to a broad spectrum of customer preferences and automotive needs:
- Volvo Cars - Known for their safety, sustainability, and Scandinavian design, Volvo cars represent the cornerstone of the company’s offerings, providing a wide array of passenger vehicles that meet different lifestyle needs.
- Audi - These luxurious German engineered cars are part of Volvo Car AB’s sale inventory, offering cutting-edge technology and performance to discerning consumers.
- BMW - Another premium brand under Volvo Car AB’s umbrella, BMW cars are marketed for their dynamic driving experience and innovative features, appealing to those who seek performance along with luxury.
- Lexus - With a focus on luxury, comfort, and hybrid technology, Lexus vehicles from Volvo Car AB cater to eco-conscious consumers looking for sophistication and reliability.
- Mercedes - Volvo Car AB also offers Mercedes cars, which are synonymous with luxury, advanced technology, and high-quality craftsmanship, appealing to customers looking for prestigious vehicles.
- Tesla - Representing the forefront of electric vehicle technology, Tesla cars offered by Volvo Car AB align with modern trends towards sustainability, featuring innovative electric mobility solutions.
- Vehicle Parts and Accessories - Beyond vehicles, Volvo Car AB provides a comprehensive selection of genuine parts and accessories, enhancing vehicle performance, aesthetics, and safety for a customized driving experience.
- Online Sales - A convenient online sales platform is available, facilitating the purchase of vehicles and accessories directly from Volvo Car AB, ensuring a seamless and accessible customer journey from browsing to buying.
