63.53BMarket Cap12.66P/E (TTM)
31.350High31.240Low16.66KVolume31.350Open31.950Pre Close521.39KTurnover0.00%Turnover Ratio12.66P/E (Static)2.03BShares33.33052wk High3.33P/B63.53BFloat Cap23.27052wk Low0.68Dividend TTM2.03BShs Float33.330Historical High2.18%Div YieldTTM0.34%Amplitude1.303Historical Low31.297Avg Price1Lot Size
Volvo AB Unsponsored ADR Class B Stock Forum
The Swedish automaker, which is majority-owned by China’s Geely Holding, said it is now targeting a 2026 EBIT (earnings before interest and taxes) margin goal of 7-8%, down from “above 8%,” due to “increased complexity especially in relation to global trade and tariffs....
According to Bloomberg consensus estimates, for the first quarter:
- Revenue is expected to be $11.991 billion, a decrease of 4.72% year-over-...
Volvo Cars shares surged 23% as the Swedish automaker said it will stop providing funding to EV startup Polestar as it ramps up its own investment.
Volvo Cars said it's "evaluating a potential adjustment to Volvo Cars' shareholding in Polestar, including a distribution of shares to Volvo Cars shareholders" in which Geely (HK:175) would become a significant new shareholder in Polestar. Volvo Cars (SE:VOLCAR.B) holds a 48% stake in Polestar (PSNY), while Geely holds ...
The China Securities Regulatory Commission (CSRC) will, for the first time, allow commercial real estate developers and managers to spin off their “consumption-related infrastructure assets” into a public real estate investment trust (REIT). These assets include shopping malls and department stores, which are considered mature assets...
European Commission President Ursula von der Leyen has announced a probe into Beijing’s subsidies for Chinese EV manufacturers ahead of elections next year. She accuses China of excessive subsidies that could allow its EV manufacturers to flood Europe with cheap electric vehicles at the expense of domestic industry and jobs. If she has her way,...
The switch will offer Mercedes-Benz EV owners access to over 12,000 charging stations in the region.
Mercedes-Benz says the transition will be carried out in phases. Starting in 2024, the carmaker will i...
Tesla recently submitted a vehicle change application to European regulators, confirming that the latest self-driving hardware HW4.0 will soon be on board for mass production. According t...
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