AB Volvo (publ) (OTCPK:VLVLY) Q2 2025 Earnings Conference Call July 17, 2025 3:00 AM ET Company Participants Johan Bartler - Head of Investor Relations Martin Lundstedt - CEO, President, Member of the Group Executive Board & Director Mats Backman - Executive VP of Group Finance, CFO & Member of Group Executive Board Conference Call Participants Agnieszka Vilela - Nordea Markets, Research Division Björn Enarson - Danske Bank A/S, Research Division Daniela C. R. de Carvalho e Costa - Goldman Sachs Group, Inc., Research Division Erik Pettersson-Golrang - SEB, Research Division Hampus Engellau - Handelsbanken Capital Markets AB, Research Division Hemal Bhundia - UBS Investment Bank, Research Division Klas Henrik Bergelind - Citigroup Inc., Research Division Mats Liss - Kepler Cheuvreux, Research Division Johan Bartler Good morning, and welcome to this second quarter presentation.
AB Volvo (publ) (OTCPK:VLVLY) Q1 2025 Results Conference Call April 23, 2025 3:00 AM ET Company Participants Johan Bartler - Head of Investor Relations Martin Lundstedt - Chief Executive Officer Mats Backman - Chief Financial Officer Conference Call Participants Erik Pettersson-Golrang - SEB Michael Aspinall - Jefferies Hampus Engellau - Handelsbanken Klas Bergelind - Citigroup Agnieszka Vilela - Nordea Daniela Costa - Goldman Sachs Mattias Holmberg - DNB Shaqeal Kirunda - Morgan Stanley Björn Enarson - Danske Bank Johan Bartler Good morning, and welcome to the Volvo Group First Quarter Press Conference. Today, we do, as always, we listen to the presentations by Martin and Mats, and then we follow up with a Q&A session.
VLVLY stock continues to outdo the industry and its peer group while laying off employees in 2025.
Sweden's AB Volvo will increase its investment in its new North American heavy-duty truck factory in Nuevo Leon, Mexico, from a previously announced $700 million to $1 billion, Mexico's Economy Minister Marcelo Ebrard said on Thursday.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Volvo Cars sold 70,737 cars in March, down 10% from a year earlier, the Sweden-based company said on Wednesday, sending its shares down 3%.
Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a wobbly transition to electric cars, analysts and investors said.
Volvo Cars has appointed Hakan Samuelsson as its new chief executive, effective April 1, 2025, it said on Sunday.
Volvo Cars may move production of some of its models to the U.S. depending on tariffs, but aims to stick to a plan to export its European-made EX30 SUV model to the United States later this year, the company's CEO said on Wednesday.
Volvo Cars sold 50,662 cars in February, up 1% from a year earlier, the Sweden-based company said on Tuesday.
Volvo boss Jim Rowan told BI he doesn't think governments should give incentives to people buying EVs. His comments come as Trump vows to roll back electric vehicle subsidies in the US.
Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had agreed to acquire, according to the automaker's quarterly report on Thursday.