Select Volvo V70 and XC70 models are being recalled in the United States as their airbag inflators could explode. The recall involves 194,546 V70 and XC70 models built between the 2001 and 2007 model years, with V70 models produced from January 10, 2000, to September 15, 2007, and XC70 models built between February 22, 2000, […]
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Volvo has shrunk the size of its initial public offering just days before it starts trading on Nasdaq Stockholm on October 29, a day later than initially announced. The Swedish car manufacturer had previously said its IPO would be priced between 53 crowns ($6.20) and 68 crowns ($7.90) per share and has now confirmed they […]
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Leather equals luxury. For years that was the message we got from the car industry, where expensive cars signified their status with hide interiors, and cheaper cars often came with vinyl styled to look like leather. Remember Pontiac’s Morrokide? BMW’s modern equivalent is Sensatec and Mercedes’ has Artico, an update on the old MB-Tex seat […]
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Owners of the Volvo XC40 Recharge and the Polestar 2 will be able to better manage their range thanks to a new app being beta tested in the vehicle’s infotainment system. Introduced via an over-the-air update, the app coaches the driver and optimizes certain battery functions to help eke out every mile of range possible. […]
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The Volvo Group unveiled a load carrier designed for use in mining in quarrying that it claims is the first vehicle ever made of steel made using no fossil fuel. The unveiling follows the automaker’s announcement in June that it would partner with SSAB to source steel made without the use of fossil fuels. The […]
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The National Highway Traffic Safety Administration and Volvo have announced that 259,383 sedans produced between 2001 and 2009 and sold in the U.S. will have to be recalled as a result of an airbag inflator that could rupture and has been linked to one death. The recall affects 2001 to 2006 Volvo S80 and 2001 […]
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Volvo has confirmed plans for an initial public offering (IPO) on Nasdaq Stockholm. The Swedish car manufacturer hopes to raise 25 billion krona ($2.9 billion) through the listing and noted that Geely will remain its largest shareholder. The IPO comes as part of Volvo’s push to transform itself into a leader in the electric vehicle […]
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There’s a shortage a truck drivers and this has exasperated Britain’s fuel crisis as well as slowed deliveries to retail stores. While the problem is nothing new, the solution could come in the form of autonomous semis. They’re taking a big leap forward today as Aurora and Volvo have a unveiled an autonomous long-haul semi […]
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Polestar, Volvo’s EV-only subsidiary, is ready to go public at a valuation of $20 billion. The company delivered just 10,000 vehicles in 2020 but has an aggressive expansion plan that could boost sales to almost 300,000 by 2025. While the $20 billion valuation is less than the $30 billion suggested by some industry sources earlier […]
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Volvo has announced a recall for a small number of vehicles in the United States due to an issue that could disable the ABS and ESC. Official documentation of the recall reveals that a hydraulic unit of select Volvo hybrid models could have welding between the electric motor’s rotor shaft and the magnet package (armature) […]
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