Volvo Cars starts production of new fully electric Volvo ES90 On September 4, Volvo Cars started production of its new, fully electric Volvo ES90 for European markets. Volvo Cars has opened the ES90 order book across several European markets, and customer deliveries will start later this year. The ES90 will also become available soon to some of Volvo Cars’ key markets in the Asia Pacific. It is the first Volvo car to feature 800-volt technology...

News  Updated at: 2025/09/04

days). Other Japanese brands with lower inventory days were Honda (43 days), Nissan (54 days), and Infiniti (59 days). Among Korean brands, Hyundai had 54 days and Genesis had 61 days. U.S. new vehicle sales (August 2025) 2025Aug 2024Aug y/y 2025Jan-Aug 2024Jan-Aug y/y Passenger Cars 242,642 267,267 -9.2% 1,923,210 2,070,574 -7.1% Light Trucks 1,214,163 1,159,030 4.8% 9,035,951 8,500,178 6.3% To...

News  Updated at: 2025/09/04

Volvo Cars to unveil all-electric EX60 SUV in January 2026 On September 3, Volvo Cars announced that it will reveal the new Volvo EX60 on January 21, 2026, in Stockholm, Sweden. The new EX60 is Volvo Cars’ first fully electric premium mid-size SUV, built on its latest technology platform. It will offer the longest electric range of any Volvo so far and introduce a new user experience, making it a key model in Volvo’s move toward becoming a fu...

News  Updated at: 2025/09/03

Volvo Cars unveils all-new XC70 plug-in hybrid with over 1,200 km of driving range On August 27, Volvo Cars revealed the all-new Volvo XC70 SUV, its first long-range plug-in hybrid. The model offers an all-electric range of over 200 km under the CLTC cycle, the longest of any Volvo plug-in hybrid to date. The vehicle, built on Volvo Cars’ new Scalable Modular Architecture (SMA) platform, is a key addition to the brand’s lineup. It supports fa...

News  Updated at: 2025/08/28

supports common vehicle interfaces such as GbE/10GbE and PCI-Express and satisfies safety and cybersecurity standards such as ISO 26262 and ISO 21434. Delivery of NVIDIA Drive AGX Thor developer kits will take place in September 2025. OEMs using NVIDIA Drive AGX Thor including BYD, GAC, IM Motors, Volvo Cars, and Zeekr. Autonomous trucking companies using NVIDIA Drive AGX Thor include Aurora, Gatik and PlusAI.     (NVIDIA press release on Augu...

News  Updated at: 2025/08/27

ed under the higher post-hike tariff rates are gradually replacing inventory that had been imported or locally produced under lower tariff levels, leading some analysts to expect a slowdown in sales growth. By vehicle type, sales of light trucks were up 11.4% y/y to 1,150,284 units, while passenger cars were down 9.2% y/y to 221,546 units. Seasonally adjusted at annual rates (SAAR, millions/year) 2024Jul Aug Sep Oct Nov Dec 2025Ja...

News  Updated at: 2025/08/04

rtook Hatchbacks to claim the largest share, marking an important shift in the composition of the regional market. Supply chain crises, cost pressures associated with electrification, and evolving consumer preferences have compelled manufacturers to adapt their offerings, with less profitable Small Cars—particularly Hatchbacks—caught in the crossfire. Pandemic-induced supply issues forced automakers to prioritize higher-margin vehicles, which...

News  Updated at: 2025/07/29

Shanghai Intelligent Connected NEV Industry Cluster Area breaks ground On July 18, an event for the groundbreaking of the Shanghai Intelligent Connected New Energy Vehicle (NEV) Industry Cluster Area was held in Jiading District. Prior to the event, renowned automobile brands including IM Motors, SAIC-VW, SAIC-Audi, NIO, and Volvo Cars exhibited nine new intelligent models, such as Robotaxis, driverless minibuses, and intelligent sweeping vehicle...

News  Updated at: 2025/07/22

Volvo Cars provides update on cost and cash turnaround plan On July 17, Volvo Cars announced that its SEK 18 billion cost and cash turnaround plan is fully on track and the company is confident about more positive effects from the programme. The reduction of 3,000 jobs worldwide is going into execution, and around 1,100 employees have already left the company. This will help reduce expenses and create a leaner, more efficient organization. Volvo ...

News  Updated at: 2025/07/18

Volvo Cars reportedly to produce 2 ICE models at U.S. plant to avoid tariffs On July 17, multiple media reported that Volvo Cars plans to begin U.S. production of its two most popular crossovers within the next few years to avoid paying a 30% tariff on the imported models. According to two people familiar with the plan, the company will start building the midsize XC60 in January 2027 at its Ridgeville plant, South Carolina, and production of the ...

News  Updated at: 2025/07/18

Volvo Cars to begin XC60 production in Ridgeville, South Carolina in 2026 On July 16, Volvo Cars announced it will add its best-selling XC60 mid-size SUV, in both mild hybrid and plug-in hybrid form, to the production line at its assembly plant in Ridgeville, South Carolina.  XC60 production is scheduled to start at the U.S. plant in late 2026, joining the fully electric Volve EX90 flagship and Polestar 3 SUV. The XC60 has been the company’s b...

News  Updated at: 2025/07/17

Indian passenger vehicle sales decrease by 6.3% in June 2025 Indian passenger vehicle sales in June 2025 were down 6.3% y/y to 275,766 units. For April through June of 2025, total vehicle sales were down 1.2% to 1,235,097 units, compared to the same period of 2024. PVs (passenger vehicle, UV and van) sales were down 1.4% y/y to 1,011,882 units (excludes BMW, Mercedes-Benz, Volvo Cars and Tata). CVs (M&HCVs and LCVs) sales were down 0.6% y/y to 22...

News  Updated at: 2025/07/16

Volvo Cars announces SEK 11.4 billion impairment charge due to tariffs and EV launch delays On July 14, Volvo Cars announced that it will record a one-off non-cash impairment charge of SEK 11.4 billion in the second quarter of 2025. The charge stems from revised financial assumptions related to the EX90 and ES90 platforms, following past launch delays and newly imposed import tariffs in several key markets. Despite a major software upgrade and a ...

News  Updated at: 2025/07/15

Volvo Cars cuts 15% of U.S. headquarters workforce amid general cutbacks Volvo Cars has cut about 15% of its commercial workforce in the U.S. as the company battles recent market headwinds. Volvo eliminated about 60 jobs, mostly at its Mahwah, New Jersey, headquarters, according to a person familiar with the matter. Some of the cuts were made through attrition. Volvo’s U.S. field staff is not affected. “Volvo Cars is taking measures to become...

News  Updated at: 2025/07/11

Volvo Cars reveals low carbon footprint of new ES90 On July 10, Volvo Cars announced the carbon footprint of its new fully electric ES90. The vehicle is designed with a strong focus on sustainability. According to Volvo’s Life Cycle Assessment (LCA) report, the ES90 has a carbon footprint of 31 tonnes when charged with a European energy mix, which drops to 26 tonnes with wind energy. The vehicle’s footprint is about 50% lower than the S90 mi...

News  Updated at: 2025/07/10

Volvo Cars partners with Polestar to jointly develop Polestar 7 at Kosice Plant in Slovakia On July 3, Volvo Cars and Polestar signed a memorandum of understanding (MoU) to jointly develop and produce Polestar’s upcoming premium compact SUV, Polestar 7, at Volvo’s new manufacturing facility in Kosice, Slovakia. The Polestar 7 is expected to launch in 2028. If final agreements are reached, it will be the second model produced at the Kosice pla...

News  Updated at: 2025/07/03

implementation of the 90-day extension of reciprocal tariffs approaching July 9, trade negotiations are still in flux, and the possibility of an upward swing cannot be ruled out, depending on the outcome. By vehicle type, sales of light trucks were down 3.2% y/y to 1,040,714 units, while passenger cars were down 15.9% y/y to 218,323 units. Seasonally adjusted at annual rates (SAAR)  2024Jun Jul Aug Sep Oct Nov Dec 2025Jan F...

News  Updated at: 2025/07/03

Volvo Cars and GlobalLogic deepen engineering collaboration On July 1, Santa Clara, California-based GlobalLogic Inc., a Hitachi Group Company and leader in digital engineering, announced it has been selected in Volvo Cars’ partnership ecosystem as one of the strategic partners within engineering services globally.  With this collaboration, GlobalLogic and Volvo Cars will continue working together to create the next generation of faster, smart...

News  Updated at: 2025/07/02

AFRY, Sweden partners with Volvo Cars to support development of next-gen EVs On June 30, AFRY, an engineering, design, digital and advisory services provider, entered into a framework agreement with Volvo Cars as a strategic supplier in engineering. The agreement spans until 2026 and outlines AFRY’s role in delivering product development across all areas of Volvo Cars’ operations. Under the agreement, AFRY will support Volvo Cars with technic...

News  Updated at: 2025/07/01

Volvo Cars announces XC60 as new best-selling model ever On June 25, Volvo Cars announced that the XC60 has become the best-selling model in the company’s history, surpassing the iconic Volvo 240 with over 2.7 million units sold globally since its 2008 debut. Initially produced in Europe and later in China, the XC60 gained popularity for its safety, comfort, and Scandinavian design. Its current generation introduced PHEV variants and was the to...

News  Updated at: 2025/06/26