The Latest Breaking News from Volvo

In January 2024, Volvo plug-in electric car sales in the U.S. amounted to 1,875, down 21% year-over-year. The market share remained relatively high at 24.3%.

Sales of electric vehicles were increasing rapidly ... until they weren't. The auto industry is still looking ahead toward an EV future, but worries that moving too fast would hurt the bottom line.

All the cars in the test were below their advertised figures, but the Model 3 fell short by almost 30%. And it wasn’t even the worst result!

Volvo's gas and plug-in sales have been increasing steadily, while Polestar has been somewhat struggling to take off.

Following our Q4 and 2023 all-electric car sales report for non-Tesla brands in the U.S., it's time to take a look at the automotive group level.

I decided to throw down $500 on Volvo's compact, potentially groundbreaking EV. But I'm not sold on it yet.

All-electric car sales in the U.S. increased significantly in 2023, reaching its new record levels. In today's post we will focus on the non-Tesla BEV sales.

The automotive industry’s growth is propelled by the integration of advanced technologies, surging demand for electric vehicles, and the favorable government initiatives. Therefore, it could be wise to invest in fundamentally strong auto stocks Isuzu Motors (ISUZY), AB Volvo (VLVLY), and Subaru (FUJHY). Read more.

Customers of Volvo’s cheapest car have to wait a little longer to take delivery as the fix can’t be done over-the-air.