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On September 18, Volvo Cars’ stock price fell 5% to its lowest level since June 2025.
#Volvo#Global market intelligence#Big car news09-18 19:24
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On September 17, Volvo Cars’ chief strategy and product officer stated that it has no plans to close any factories like its competitors.
#Volvo#Global market intelligence#Big car news09-17 17:45
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[Volvo Cars and Geely Auto Group have reached an agreement to become the exclusive distributor of Lynk & Co in Europe] On September 10, Geely Auto Group and Volvo Cars formally reached a final agreement on the business cooperation plan for the Lynk & Co brand in the European market. According to the agreement, starting from January 2027, Volvo Cars will become the exclusive distributor of Lynk & Co in Europe and will be fully responsible for the local commercial and brand operations of the brand. This cooperation does not involve changes in the ownership structure. Geely Automobile Group will continue to lead the core business of Lynk & Co brand's global product design, research and development, compliance certification and overall brand strategy.
#Volvo#Lynk & Co#Big car news09-10 19:08
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[Reshuffle of President of Volvo Cars Greater China Sales Company] On September 8th, He Kuo was appointed as President of Volvo Cars Greater China Sales Company with immediate effect and was fully responsible for Volvo’s sales business in China; the original president Yu Kexin resigned. This is another personnel change for Volvo’s core management in China following the adjustment of the president and CEO of Volvo Greater China in May this year. Volvo stated that this adjustment will not affect its business strategy in China, and the company will continue to work closely with its dealer partners to promote steady business development. (China Business News)
#Volvo09-08 18:50
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On August 31, Volvo Cars will close its Stockholm office, which currently has 450 employees.
#Volvo#Big car news08-31 17:28