DonCorleone77
Posted - 2 days ago
$VLVLY Volvo reports Q1 EPS SEK 1.12 vs. SEK 1.21 last year Reports Q1 revenue SEK 93.9B vs. SEK 95.7B last year. "We have had a strong start to the year, with our first quarter results laying a solid foundation for the year ahead," says Jim Rowan, chief executive officer of Volvo Cars. "We reported double-digit retail sales growth during the quarter, set a new all-time sales record for a single month in March and continued to ramp up production and customer deliveries of the EX30. We delivered improved EV gross margins, which reached 16 per cent, and increased our EV share of sales to 21 per cent."
Ametsugi_Kireina
Posted - 1 week ago
$LAZR Luminar Technologies, has partnered with Volvo $VLVLY to integrate its advanced sensors into the Volvo EX90, showcasing Volvo’s commitment to safety. Luminar's high-resolution imaging and real-time perception elevate the EX90’s safety features, allowing for reliable navigation in complex environments. This collaboration not only highlights the quality and reliability of Luminar’s technology but also its broad industry acceptance, underscored by similar partnerships with $TM Toyota Research Institute and integration into NVIDIA’s $NVDA autonomous vehicle platform. These collaborations emphasize Luminar's pivotal role in advancing critical safety applications in autonomous driving and spatial awareness.
Stay up to date on next-gen tech from Luminar April 23rd : https://www.eventcreate.com/e/luminardaylivestream
epsguid
Posted - 1 week ago
$VLVLY reported earnings of $0.67, consensus was $0.59 via @eWhispers #epsbeat http://eps.sh/d/vlvly
DonCorleone77
Posted - 1 week ago
$VLVLY Volvo reports Q1 EPS SEK 6.92 vs. SEK 6.35 last year Reports Q1 revenue SEK 131.2B vs. SEK 131.3B last year. Currency movements had a negative impact on operating income of SEK 346M. "During Q1 2024, demand continued to normalize at good levels across many of the Volvo Group's markets. Adjusted for currency, net sales were on the same level as in Q1 2023 and amounted to SEK 131.2 billion. Invoiced price continued to increase, mainly on the back of carry-over from the price increases we gradually implemented last year. Adjusted operating income amounted to SEK 18.2 billion (18.6), which corresponds to a margin of 13.8% (14.0). Return on capital employed improved to 37.7% (30.3). We continue to prioritize quality in the business," says Martin Lundstedt, president and CEO.
DonCorleone77
Posted - 2 weeks ago
$VLVLY UAW 'disappointed' with Volvo's move to build Mexico plant, Reuters says The United Auto Workers union said it is "extremely disappointed" with Volvo's decision to establish a new truck factory in Mexico, which the car maker said would help supplement its U.S. output, Reuters' Abhinav Parmar reports. The union is examining the contractual obligations for truck build rates at the Lehigh Valley Operations facility and the possible legal ramifications from the decision, the author notes.
DonCorleone77
Posted - 2 weeks ago
$VLVLY 2 of 2- Volvo to increase North American heavy truck production capacity ....The new plant will be approximately 1.7 million square feet in size, and will focus on production of heavy-duty conventional vehicles for the Volvo and Mack brands. It will be a complete conventional vehicle assembly facility including cab body-in-white production and paint. Adding production in Mexico will deliver logistical efficiencies for supporting sales to the southwestern/western regions of the U.S., and to Mexico and Latin America. It also provides a mature supply and production ecosystem that will complement the U.S. system and increase the resilience and flexibility of the Group's North American industrial footprint.
DonCorleone77
Posted - 2 weeks ago
$VLVLY 1 of 2- Volvo to increase North American heavy truck production capacity The Volvo Group will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group's U.S. production. The plant will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico and Latin America. The plant is expected to be operational in 2026. The Mack LVO plant in Pennsylvania and the Volvo NRV plant in Virginia will continue to be the company's main North American heavy truck production sites. The Group has invested more than $73 million over the last five years in LVO expansion and upgrades, and is currently investing an additional $80 million to prepare for future production. The NRV plant is completing a six-year, $400 million dollar expansion/upgrade to prepare for production of the new Volvo VNL model....
ubedatraders
Posted - 2 weeks ago
$AUR Any good news $VLVLY $UBER would catapult $AUR to the moon
ssaudio
Posted - 3 weeks ago
$VLVLY Why the huge drop today?
Thinking101
Posted - 4 weeks ago
$LAZR 3 amazing partners for the future $PSNY $VLVLY $MBGAF
Thinking101
Posted - 1 month ago
$LAZR apparently the 8-k was Volvo telling lazr to start production. And they told them how many to start producing and when they needed them delivered. Which is great/ wasn’t supposed to happen until May/ now happening months earlier. $VLVLY
Thinking101
Posted - 1 month ago
$LAZR squeeze time and the news hasn’t even hit yet $PSNY $NSANY $VLVLY $RIVN
Thinking101
Posted - 1 month ago
$LAZR oh ... here we go-- "Luminar Technologies, Inc. announces it has received initial binding purchase orders for the first global production vehicle launch with Luminar LiDAR for start of production (SOP). This enables Luminar’s forward-looking order book to begin materially converting to revenue for the first time." who is it? $PSNY $NSANY $VLVLY ???
Thinking101
Posted - 1 month ago
@Karmic @usppdd sure. They stole some tech. But no reliable company is going to put cheap Chinese tech into these cars. They want a company that will stand behind the tech. Luminar will be the winner. 6months away from the rest of the market realizing this $MBLY $VLVLY $NSANY $PSNY
Cetrion
Posted - 1 month ago
$TSLA had the billionaire lady bought a Volvo $VLVLY instead of a tesla muskev, she would still be alive. a volvo would open the window automatically and can already do that for decades
Thinking101
Posted - 1 month ago
$LAZR pm volume looking good. Shorts starting to cover??? Luminar day in a month. Let’s go!!
$MBLY $VLVLY $NSANY
Thinking101
Posted - 1 month ago
$LAZR big volume month so far. My guess is the huge SI is looking to get out before April run up into luminar day and revenue growth. Adding all I can at these prices. $NVDA $PSNY $VLVLY $NSANY
BuffaloShotta
Posted - 1 month ago
@Grandmasterxau @IcantJellymy nvda partnership with luminar is current as far as i know they will implement (1) lazr unit forward facing lidar on every equipped vehicle lazr currently is working with ADR required (for america) $PSNY $VLVLY $MBGAF for now. trial periods over now is trial period 2.0 consumer reports. no car accidents = big success. when you replied there wasnt specific enough info
BuffaloShotta
Posted - 1 month ago
$OUST is partnered with $AMZN big success in future revolutionize warehouse operations the stock price volume is due for reversal in a big way $LAZR picking up momentum $VLVLY revenue yet to be experienced as well as $MBGAF production starting to move forward with diligence $NVDA partnership on automated vehicles means any vehicle working with $NVDA will be working with luminar. Bottom is expected soon. $LAZR $OUST best choices in lidar if you disagree would love to hear why!
DonCorleone77
Posted - 1 month ago
$WPRT $VLVLY Westport signs investment agreement to establish JV with Volvo Westport (WPRT) announced the signing of an investment agreement to establish the previously announced joint venture with Volvo (VLVLY) to accelerate the commercialization and global adoption of Westport's HPDI fuel system technology for long-haul and off-road applications. The closing of the JV is subject to certain closing conditions, including regulatory and government approvals. It is anticipated that the JV will become operational following the formal closing which is currently expected to occur in the second quarter of 2024. As previously announced, Westport will contribute certain HPDI assets and opportunities, including related fixed assets, intellectual property, and business, into the JV. Volvo Group will acquire a 45% interest in the JV for the sum of approximately $28M, payable upon closing, plus up to an additional $45M as an earn out depending on the subsequent performance of the JV.
Budden
Posted - 1 month ago
$VLVLY $SPY $QQQ I laughed. Fucked up but #SoNorthKorea 😂
Thinking101
Posted - 02/29/24
$LAZR could squeeze hard today. 1/3 of the shares short. partners are running hard - $PSNY $VLVLY $NVDA
Thinking101
Posted - 02/29/24
$PSNY $VLVLY man- when did Volvo become a powerhouse?? Unreal. $LAZR - article about how they’re proving up the Japanese market at the moment because they’re dominating
