The Latest Breaking News from Volvo

The next 12 months will see new electric cars by everyone from Mini to Maserati – and we can't wait to drive them

DHL shows off one of its new EV class 8 Semi trucks for delivery, in Ohio. These trucks use up to 50% less energy than a traditional Diesel truck on the same route.

In November, Volvo global plug-in electric car sales decreased year-over-year by 8% to 22,948 units, which accounted for 36% of the brand's total volume.

In November, Volvo's plug-in electric car sales in the U.S. increased by 10% year-over-year to 3,038 units, which is about 26% of the total volume.

That means the base variants of Volvo's electric flagship will be eligible for U.S. EV federal tax credits.

Toyota reveals two new EV concepts at its Kenshiki forum in Brussels, including the Urban SUV model.

In October, plug-in electric car sales in Europe once again increased year-over-year, slightly outpacing the overall market growth.

The auto industry is flourishing thanks to the growing demand for new vehicles, the rapid shift to electric and hybrid vehicles worldwide, and numerous technological advancements. Hence, fundamentally sound auto stocks Volvo (VLVLY), Visteon (VC), and Rush Enterprises (RUSHA) could be ideal buys for substantial gains. Keep reading….

Not only was the race saved at its traditional venue, albeit with the new name of the Sao Paulo Grand Prix, it has now had its future secured until at least 2030.