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Volvo AB (VOLVb.ST)

VOLVb.ST on Stockholm Stock Exchange

148.60SEK
17 Aug 2018
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148.60kr
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171.30kr
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131.60kr

Latest Key Developments (Source: Significant Developments)

Transport International Says Unit To Buy CBU Buses For GBP38.3 Mln From Volvo
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Transport International Holdings Ltd <0062.HK>::UNIT ENTERED INTO PURCHASE CONTRACT WITH VOLVO TO BUY 150 UNITS OF 12-METRE VOLVO DOUBLE- DECK CBU BUSES FOR GBP38.3 MILLION.  Full Article

Husqvarna CFO Jan Ytterberg appointed CFO of Volvo Group
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Husqvarna AB ::HUSQVARNA GROUP'S CFO TO LEAVE THE GROUP.SAYS JAN YTTERBERG HAS BEEN APPOINTED CFO OF VOLVO GROUP.  Full Article

Volvo Group Complets Sale of Subsidiary Holding Shares in Inner Mongolia North Hauler Joint Stock
Friday, 11 May 2018 

May 11 (Reuters) - Volvo AB ::VOLVO GROUP HAS COMPLETED THE SALE OF A CHINESE SUBSIDIARY HOLDING SHARES IN INNER MONGOLIA NORTH HAULER JOINT STOCK.DIVESTMENT RESULTED IN A CAPITAL GAIN OF APPROXIMATELY SEK 0.8 BILLION.DIVESTMENT HAS A POSITIVE IMPACT ON VOLVO GROUP'S CASH FLOW AND NET FINANCIAL POSITION OF APPROXIMATELY SEK 1.0 BILLION.  Full Article

Volvo Cars Said To Pick Goldman, Citi, Morgan Stanley For IPO - Bloomberg
Thursday, 10 May 2018 

May 10 (Reuters) - :VOLVO CARS SAID TO PICK GOLDMAN, CITI, MORGAN STANLEY FOR IPO - BLOOMBERG, CITING SOURCES.CHINA'S ZHEJIANG GEELY AND VOLVO HAVE DISCUSSED VALUING VOLVO IN A RANGE OF $16 BILLION TO $30 BILLION IN A STOCK SALE - BLOOMBERG.  Full Article

Geely has no plans to merge Volvo Cars with AB Volvo - spokesman
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - AB Volvo ::GEELY HOLDING SAYS HAS NO PLANS TO MERGE VOLVO CARS WITH AB VOLVO - SPOKESMAN.  Full Article

Volvo appoints construction equipment chief Weissburg as new head of Mack Trucks
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Volvo AB ::MARTIN WEISSBURG APPOINTED PRESIDENT OF MACK TRUCKS.WEISSBURG, CURRENTLY PRESIDENT OF VOLVO CONSTRUCTION EQUIPMENT, WILL BECOME PRESIDENT OF MACK TRUCKS EFFECTIVE JUNE 1, 2018.MARTIN WEISSBURG WILL SUCCEED DENNIS SLAGLE, WHO HAS LED THE COMPANY SINCE 2008.EFFECTIVE JUNE 1, 2018, DENNIS SLAGLE WILL REMAIN WITH THE VOLVO GROUP AS A SPECIAL PROJECTS LEADER REPORTING TO MARTIN LUNDSTEDT, PRESIDENT AND CEO..  Full Article

Volvo Group drops plans to sell Governmental Sales unit
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Volvo Ab :Volvo group discontinues the process to divest governmental sales.Volvo ab says ‍offers we have received for governmental sales do not reflect its value​.  Full Article

Brazil companies mull buying trucks to avoid higher shipping fees

SAO PAULO, Aug 6 Manufacturers of heavy trucks have been fielding inquiries from Brazilian companies looking into purchasing their own fleets to get around higher mandatory pricing for independent truckers who staged a nationwide strike in May against high fuel costs and low compensation.