STOCKHOLM Volvo Cars has teamed up with Chinese search engine operator Baidu to develop a self-driving taxi for China, it said on Thursday, opening another frontier to secure its place in the robotaxi market while its Uber supply deal remains in limbo. | Video
STOCKHOLM, Nov 1 China's demand for trucks and buses is currently down about 10 to 15 percent from previous quarters and customers are forecasting fewer vehicle purchases for the next six months, the head of truckmaker Scania told Reuters.
STOCKHOLM Home appliance maker Electrolux forecast higher costs this year and next from rising raw material prices and tariffs on Chinese goods, sending its shares tumbling on Friday.
* Shares fall as much as 20 percent (Adds CEO, analyst comment, details, updates shares)
STOCKHOLM Volvo is investing in a startup called FreeWire whose rapid charging systems for electric cars are being installed across BP gasoline stations in Europe this year.
STOCKHOLM Swedish truckmaker Volvo forecast slower demand for trucks in Europe and China next year, fuelling investor concerns these major markets may have peaked and sending its shares into reverse. | Video
STOCKHOLM The U.S. Environmental Protection Agency said on Wednesday it has been in talks with Volvo over the last few weeks about an issue with catalytic converters causing some of its vehicles to exceed nitrogen oxide emission limits.
STOCKHOLM, Oct 17 The U.S. Environmental Protection Agency said on Wednesday it has been in talks with Volvo over the last few weeks about an issue with their catalytic converters that was causing some vehicles to exceed nitrogen oxide emission limits.
STOCKHOLM Sweden's Volvo warned on Tuesday that some of its truck and bus engines could be exceeding limits for nitrogen oxide emissions as an emissions control component it uses was degrading more quickly than expected, sending its shares lower.
Foreign secretary Jeremy Hunt on Tuesday said prospects for talks to end Yemen's 3-1/2-year-old war were "more real" after Saudi Arabia confirmed to him its willingness to evacuate 50 wounded Houthi fighters as a confidence-building measure.