Ticker

GOTHENBURG, Sweden, Feb. 27, 2026 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 2,000,619 Series A shares to a total of 2,000,619 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual…

Volvo is recalling over 40,000 EX30 electric SUVs worldwide due to a battery fire risk. Owners are urged to limit charging to 70% until safety repairs are completed.

Volvo Cars will recall over 40,000 of its flagship electric EX30 SUVs because their battery packs risk overheating, it told Reuters on Monday, a move that could dent the automaker's hard-earned reputation for safety and cost it millions of dollars.

Whether other European automakers report declining profits. Mercedes-Benz will report fourth-quarter earnings on Feb. 12, followed by Stellantis—owner of Jeep, Chrysler, Maserati and Fiat, among others—on Feb. 26.

Volvo Cars CEO Håkan Samuelsson tells CNBC that the automaker's long‑term future depends on fully electrifying its lineup, as growth slows in conventional vehicles. The company reported a fourth-quarter revenue miss as tariffs and a stronger currency weighed on results.