s have so far absorbed much of the cost increase and avoided large-scale price hikes. In addition, sales were boosted by last-minute demand ahead of the expiration of the federal EV purchase tax credit on September 30. By vehicle type, light trucks rose 10.0% y/y to 1,046,504 units, while passenger cars fell 9.5% y/y to 209,862 units. Seasonally adjusted at annual rates (SAAR, millions/year)* Data for September will be updated as soon as it is pu...

News  Updated at: 2025/10/02

NTRA, Egypt, announces new licences for IOT services feature for cars in Egypt On September 30, the National Telecommunications Regulatory Authority (NTRA), in a social media post, announced that it has approved allowing companies specialized in the manufacture of smart vehicles to operate the "Internet of Things" services feature for cars in Egypt. It will benefit drivers for navigation, tracking, and emergency distress systems in a safe and org...

News  Updated at: 2025/10/01

Volvo Cars launches all-new XC70 mid-size plug-in hybrid SUV in China On September 26, Volvo Cars launched the all-new XC70, a mid-size plug-in hybrid SUV, in China. The XC70 is available in 4 models, two variants each for the two-wheel drive (2WD) and four-wheel drive (4WD) powertrain options, with prices ranging from CNY 269,900 to CNY 349,900.  In terms of exterior design, the XC70 retains Volvo's signature design language. It measures 4,815m...

News  Updated at: 2025/09/30

STILFOLD, Sweden launches Car Canvas to advance vehicle design and manufacturing On September 23, STILFOLD, a Swedish design and technology company, announced that it is launching Car Canvas, a new platform designed to transform the way cars are designed and manufactured. The company aims to establish a circular and cost-efficient production model that enables lighter, more sustainable, and faster-to-develop vehicles. In a recent project with Vol...

News  Updated at: 2025/09/24

Volvo confirms expanded production in South Carolina with fourth model On September 23, Volvo Cars confirmed it would expand production at its existing factory in Ridgeville, South Carolina to produce a new hybrid vehicle by the end of the decade, as a fourth U.S.-built vehicle, to cater to American tastes and avoid tariffs. Currently, 90% of the cars Volvo sells in the U.S. are built in Europe. “The Charleston plant is foundational to our stra...

News  Updated at: 2025/09/24

Volvo Cars India launches EX30 EV On September 23, 2025, Volvo Car India launched the EX30, its newest luxury electric car, at an introductory price of INR 4.1 million. Volvo Car India is offering the EX30 at INR 3,999,000 for those who pre-reserve the car before October 19, 2025. The deliveries of the EV will begin in the first week of November 2025. This is the third electric Volvo model to be assembled locally at the Hosakote plant in Bengalur...

News  Updated at: 2025/09/23

Volvo Cars launches upgraded 2026 EX90 with faster charging and powerful 800V system On September 23, Volvo Cars announced that it has started sales of the upgraded 2026 Volvo EX90 in Europe, featuring hardware and software enhancements. It offers faster charging, while a core computer upgrade brings advanced safety, collision avoidance, and driver support features. The new features include safety alerts for slippery roads, hazards, and accident...

News  Updated at: 2025/09/23

Green NCAP conducts Life Cycle Assessment of BMW, MINI, Citroën, Fiat, Hyundai, KIA, Mazda, Mercedes-Benz, Renault, Volvo and VW models On September 18, Green NCAP tested 12 popular cars under its new whole-life assessment rating, showing the wide differences in environmental impact. The new system looks at real-world use, including car weight, efficiency in warm and cold weather, and hidden emissions from tyres and brakes. Most importantly, it ...

News  Updated at: 2025/09/19

China Passenger Car Association analysis of production and sales volumes for August 2025 The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for August 2025. China passenger car production and sales volumes in August 2025 Retail August retail sales volumes of passenger cars totaled 1.995 million units, reflecting a year-over-year (y/y) incre...

News  Updated at: 2025/09/10

NIB and Volvo Cars signs EUR 150 million loan to fund next-gen EV platform On September 4, Nordic Investment Bank (NIB) and Volvo Car AB signed an 8-year EUR 150 million loan agreement to support research and development for Volvo’s next-generation electric vehicle platform, SPA3, and the new EX60 model. The investment will take place between 2024 and 2026. The project supports Volvo Cars’ transition to an all-electric lineup. The SPA3 platfo...

News  Updated at: 2025/09/08

Volvo Cars announces 9% global sales decrease for August 2025 On September 4, Volvo Cars reported global sales of 48,029 cars in August, a 9% decrease compared to the same month last year. Sales of BEV and PHEV models accounted for 43% of total deliveries but declined 17% year-over-year. Fully electric models represented 20% of sales, while plug-in hybrids made up 23%. The XC60 was the brand’s top-selling model for the month with 17,366 units, ...

News  Updated at: 2025/09/06

Volvo Cars starts production of new fully electric Volvo ES90 in China 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 t...

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 241,579 267,267 -9.6% 1,922,044 2,070,574 -7.2% Light Trucks 1,217,790 1,159,030 5.1% 9,039,681 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