Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...
The auto industry is entering 2025 facing continued challenges from weaker demand for electric vehicles and increasing competition from lower-cost Chinese EV makers. Rowan said on a call Thursday that ...
We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...
Volvo Cars, a subsidiary of Zhejiang Geely, announced its results for 4Q24. The quarterly net profit sank 19.5% YoY to SEK2.503 billion. Basic EPS was SEK0.84. The operating profit... Volvo Cars, a ...
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