On behalf of a secured creditor, Tiger Group and Liquidity Services are accepting offers on a large amount of advanced EV ...

On behalf of a secured creditor, Tiger Group and Liquidity Services are accepting offers on a large amount of advanced EV battery manufacturing equipment—brand-new and still in its original crates.

Stable cash flow and improvement in earnings in Denmark • Net sales were unchanged, at SEK 8,108 million (8,106) • The order backlog was SEK 14,929 million (17,000) • EBITA increased by 1 percent to S ...

Volvo, the Swedish automaker owned by China’s Zhejiang Geely Holding Group, has announced plans to shift the production of ...

Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...

Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to acquire, the automaker's quarterly report said on Thursday. The automaker ...

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

Under Armour on Thursday raised its forecast for annual profit, as the athletic wear maker's efforts to dial down on discounts coupled with easing product and freight costs bolstered its margins.

European markets are set for a positive open Thursday, with investors awaiting more earnings and the latest monetary policy ...