Recent events
Recent events tied to this brand in public sources.
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2026
Volvo Cars announces about 2,500 job cuts
Volvo Cars announced about 2,500 job cuts worldwide, including about 2,000 in Sweden and 500 elsewhere, as part of a new five-billion-kronor savings plan. The company said the cuts would be made through natural attrition and targeted exit packages.
2026
Volvo Cars reports third-quarter operating loss
Volvo Cars reported a third-quarter operating loss of 5.6 billion Swedish kronor, compared with an operating profit of 6.4 billion Swedish kronor in the previous period.
2026
Volvo Cars pulls sales guidance on Chinese outlook and slow US rebound
Volvo Cars withdrew its sales guidance, citing its outlook for China and a slow rebound in the US market.
2026
Volvo Cars launches Safety Coach driving-behaviour app
Volvo Cars is introducing Safety Coach, an optional app that analyses driving behaviour such as braking, acceleration, cornering and speed and provides personalised safety coaching via the vehicle infotainment system and the Volvo Cars mobile app. It is being introduced initially in Sweden and Norway for most Volvo models from model year 2020 onwards, with customers able to opt in to share driving data with insurer Volvia for usage-based insurance offers. Volvo plans to expand to the Americas and selected European markets. The app was developed with Cambridge Mobile Telematics, which provides the scoring algorithm.
2022
Volvo Cars and Starbucks announce EV-charging pilot
Volvo Cars entered a partnership with Starbucks for a pilot to establish electric-vehicle charging stations at Starbucks coffee stores. Volvo planned to install 60 Volvo-branded ChargePoint DC fast chargers at 15 locations along a route from the Denver area to Seattle.
2022
Volvo Cars appoints Jim Rowan as CEO
Volvo Cars' board approved Jim Rowan's appointment as CEO and president. He is scheduled to take up the role on March 21, 2022, replacing Håkan Samuelsson.
2021
Volvo Car India launches updated XC90 SUV
Volvo Car India launched a new version of its XC90 flagship SUV in India, priced at Rs 89.9 lakh ex-showroom.
2021
Volvo Cars and 3.1 Phillip Lim collaborate on limited-edition bag
Volvo Cars and fashion designer Phillip Lim collaborated to create a limited-edition weekend bag using Volvo’s Nordico material. The bag will not be available for purchase; the article says it may be obtained through local market initiatives such as competitions, charity auctions, and giveaways.
2021
Volvo recalls 460,769 cars over air bag defect
Volvo announced a worldwide recall of 460,769 older-model cars because faulty air bags could rupture and injure or kill occupants. The company was aware of one rupture incident resulting in a fatality. Volvo said it would replace the driver air bag at no charge.
2021
Volvo Cars announces planned Stockholm IPO
Volvo Cars said on October 4 that it would pursue an IPO in Stockholm, targeting approximately 25 billion Swedish kronor in proceeds from a new share issue.
2021
Volvo Cars agrees to acquire Geely Holding's stakes in Chinese joint ventures
Volvo Cars signed an agreement with its parent, Geely Holding, to acquire Geely Holding's shares in their Chinese joint ventures, including the remaining 50% stakes in Daqing Volvo Car Manufacturing Co., Ltd. and Shanghai Volvo Car Research and Development Co., Ltd. The stated purpose was to integrate Volvo Cars' manufacturing, research and development, and sales businesses in China.
2021
Strike continues at Volvo Cars Ghent plant
Volvo Cars workers at the Ghent, Belgium site continued a wildcat strike into Friday, July 9, 2021. The article reports that no vehicle rolled off the production line on Thursday as a result of the strike.
2021
Volvo Cars renews and expands BluJay partnership
BluJay Solutions announced that Volvo Cars renewed and expanded its partnership with BluJay to support business growth, using BluJay's Transportation Management solution for its global vehicle distribution network.
2021
ChargePoint app launches on Android Automotive
ChargePoint became available on Android Automotive, with Volvo Recharge models the first to support the app. Volvo says it worked with ChargePoint to make the Android Automotive version possible.
2021
Volvo Cars partners in Gothenburg Green City Zone
Gothenburg's Gothenburg Green City Zone initiative enlisted Volvo Cars, which, together with parent company Geely, will provide climate-neutral transportation modes and connected infrastructure for the initiative.
2020
Volvo Cars recalls about 2.2 million cars over seat-belt cable issue
Volvo Cars said it was recalling nearly 2.2 million cars globally because a steel cable connected to the front seat belts could fatigue over time and reduce seat-belt restraint function. The affected cars will be fitted with a new component.
2020
Volvo Car Group and Waymo enter strategic partnership
Volvo Car Group, together with its strategic investment brands Polestar and Lynk & Co, formed a strategic partnership with Waymo, which became Volvo Car Group’s global exclusive partner for L4 autonomous-driving technology.
2020
Volvo recalls more than 700,000 cars over AEB software fault
Volvo Cars issued a global recall affecting more than 700,000 cars because a software fault could prevent the autonomous emergency braking system from stopping for certain objects, pedestrians, and cyclists. The company said it would contact affected Malaysian owners and provide a free corrected software update.
2020
Geely and Volvo discuss potential business merger
Geely announced that its management and Volvo Cars' management were in preliminary discussions about the possibility of restructuring through a business merger. The source describes discussions, not a completed merger.
2019
Volvo Cars launches XC40 T4 R-Design
Volvo Cars announced the launch in India of the XC40 T4 R-Design SUV, priced at Rs 39.9 lakh ex-showroom.