Recent events
Recent events tied to this brand in public sources.
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2020
Volvo announces planned production suspensions at Swedish and US factories
Volvo said its factories in Torslanda, Skövde and Olofström in Sweden, as well as its South Carolina factory in the United States, would suspend production between March 26 and April 14. The report attributes the disruption to the COVID-19 pandemic's impact on supply chains and staffing.
2020
Volvo announces temporary factory closures in Europe and the United States
Volvo announced that its Ghent flagship plant in Belgium would close until April 5 and other major plants in Sweden and the United States until April 14 amid the severe European pandemic situation.
2020
Volvo Vietnam recalls 732 cars over emergency-braking fault
Volvo Vietnam recalled 732 cars in Vietnam after discovering that the automatic emergency braking system failed to activate as intended for certain objects because of a camera software issue. The affected models were XC90, CX40, S90 and V90; the stated recall period ran from March 20 through December 31, 2022.
2020
Volvo halts operations at its Ghent factory
Volvo temporarily halted operations at its Ghent factory in Belgium because of the COVID-19 pandemic. The factory produced the XC40 and V60, and the article reported that the shutdown was affecting XC40 deliveries and subsequent battery-module production for the XC40 Recharge. Volvo had not disclosed a reopening date.
2020
Volvo recalls vehicles over AEB system fault
Volvo recalled vehicles because the AEB automatic emergency braking system could fail to work properly in certain situations. The article says the affected vehicles were not in the China market recall scope.
2020
Volvo recalls 736,000 cars over emergency-braking issue
Volvo recalled 736,000 cars to address an issue in which the automatic emergency braking support system could fail to function as intended under certain conditions. The affected vehicles were built between January 2019 and March 2020. Volvo said it had received no reports of related incidents or accidents and that affected customers would be asked to have their cars corrected free of charge.
2020
Volvo announced plans for a battery assembly line at its Ghent plant
Volvo announced that it would open a battery assembly line at its Ghent factory in Belgium. The line was described as supplying the XC40 Recharge P8, which the source says was due to begin production that year.
2020
Volvo plan for XC100 full-size SUV reported
A report citing an unnamed U.S. dealer said Volvo planned a full-size SUV provisionally named XC100, with production planned for the second half of 2023 in South Carolina.
2020
Volvo updates the 2021 S90 and V90 models
Volvo released updated 2021 S90 and V90 models, with improved fuel economy and changes to their exterior and interior features.
2020
Volvo Group announces donation for China's COVID-19 response
Volvo Group announced an initial donation of 2 million Swedish kronor to support China's COVID-19 response.
2020
Geely and Volvo announce a merger plan
Geely and Volvo announced a proposed merger; the article discusses the transaction and its possible business and listing implications.
2020
Volvo Cars reports 2019 financial results
Volvo Cars reported 2019 revenue of 274.1 billion Swedish kronor and operating profit of 14.3 billion Swedish kronor.
2020
Volvo Group wins 2020 Blue Sky Award
CALSTART awarded the Volvo Group its 2020 Blue Sky Award, recognizing the Volvo LIGHTS project for its work introducing zero-emission battery-electric trucks and equipment into commercial operation.
2019
Volvo introduces mobile valeting service in the UK
Volvo introduced Volvo Car Mobile Wash, an app-based mobile valeting service for customers, initially available to customers within the M25. The service includes a car clean and a free car health check.
2019
Isuzu announces agreement to acquire UD Trucks' Japanese business
Isuzu Motors said it would acquire Volvo Group's Japanese business UD Trucks for 250 billion yen. The parties said they hoped to complete the transaction by the end of the following year.
2019
Volvo Group announces Scott Rafkin as Chief Digital Officer
Volvo Group announced that Scott Rafkin would become its Executive Vice President and Chief Digital Officer effective January 1, 2020. The announcement was published on December 16, 2019.
2019
Volvo unveils the new-generation S60 in China
Volvo unveiled the new-generation S60 at a press conference during the Guangzhou Auto Show, with three versions based on the sport, luxury and E-Drive hybrid configurations.
2019
Volvo announces planned entry into Tmall Flagship Store 2.0
Volvo announced that it would become the first automotive brand on Tmall Flagship Store 2.0 in December, offering an online car-buying experience.
2019
2020 Volvo S60 earns IIHS TOP SAFETY PICK+
The 2020 Volvo S60 earned the Insurance Institute for Highway Safety’s TOP SAFETY PICK+ award, qualifying only when equipped with specified optional curve-adaptive headlights.
2019
Volvo recalls cars in Romania over engine fire risk
Volvo is recalling cars worldwide over an engine fire risk; the report says 560 of the affected cars were sold in Romania.