The Latest Breaking News from Volvo Cars

Volvo isn't off to a good start in 2025. After posting record sales and profits last year, the Swedish automaker is going into a cost-cutting frenzy to try to stay on top of its game. That’s because the results for this year’s first quarter are in, and it’s bad.

Volvo Cars's Chief Executive Officer, Jim Rowan, will step down today. The company’s board of directors voted to replace him after three years at the helm of the Swedish automaker. Rowan, who was also the automaker's President, will be replaced by Håkan Samuelsson, who will serve a two-year term starting…

Hyundai Mobis to build electric car components plant in Novaky, Slovakia, as Volvo Cars plans entry, boosting country's automotive industry.

“We will be fully electric probably in 50% of the market way before 2030, but in the other 50%, it’s going to take a lot longer," CEO Jim Rowan told Fortune.

In June Volvo's global plug-in electric car sales increased by 41% year-over-year to a new record of 34,382, including 18,435 all-electric cars.

CEO Agenda provides unique insights into how leaders think and lead and what keeps them busy in a world of constant change. Today we meet Jesper Brodin, CEO of IKEA.

Volvo's plug-in electric car sales in May increased by 37% year-over-year to 32,768. This brought the rechargeable car share to a new record of 48.2%.

Today, Volvo Cars announced the official start of series production of its all-new Volvo EX90 model at its factory outside Charleston, South Carolina.

Volvo CEO Jim Rowan on the benefits of driving in the 'premium' lane.