RonJohn1337
Posted - 1 week ago
$NKLA so will $VLVLY wait for Nikola bankruptcy before buying to finish the cycle of Proterra bankruptcy? 🤔 Or will $BE and $AEP look to scoop them up? Either way, a buyout is inevitable.
DonCorleone77
Posted - 10/28/24
$VLVLY Volvo, Daimler Truck sign binding agreement for joint venture As announced in May this year, Volvo Group and Daimler Truck intend to create a joint venture to develop a common software-defined vehicle platform and dedicated truck operating system, providing the basis for future software-defined commercial vehicles. The two companies have now signed a binding agreement to establish the joint venture and are working towards setting up the company that will be headquartered in Gothenburg, Sweden. The software-defined vehicle platform will enable Volvo Group and Daimler Truck and potential other future customers of the joint venture to provide stand-alone digital vehicle functions for their products. The joint venture's activities will include the specification and procurement of centralized high-performance control units dedicated for commercial vehicles and capable of handling large amounts of data. The new company will develop an operating system and tools which vehicle manufacturers can use as a basis to develop their own differentiating digital vehicle features. This will decouple software and hardware development cycles in the future and enable customers to purchase and update digital applications wirelessly 'over the air', ultimately enhancing customer efficiency and experience. Volvo Group and Daimler Truck will remain competitors and continue to differentiate their complete product and services offerings, including their respective digital solutions. The transaction for the joint venture is expected to be completed in the first half of 2025, subject to obtaining all required regulatory approvals.
Investor6
Posted - 10/28/24
$VLVLY Volvo Group and Daimler Truck $MBGAF make a new 50/50 joint venture to develop a software-defined vehicle platform for heavy-duty vehicles and drive the industry transformation. The companies in the commercial vehicle industry have now signed a binding agreement to establish the joint venture and are working towards setting up the company that will be headquartered in Gothenburg, Sweden. The transaction for the joint venture is expected to be completed in H1 2025.
Doc62
Posted - 10/24/24
@DaveTradesLIVE Correction: $tsla Tesla was their number one client Q1 this year...Read into that or not. It doesn't really matter They have stated a 4 BILLION ORDER BOOK!!! $VLVLY Vovlo is their number one customer currently $MBGAF MB is partnered, Same w $NSANY Nissan, $PSNY Polestar, Kodiak Their harware is integrated with another partner, $NVDA Blackrock just added now owning nearly 7% Wolverine also added now owning 6% Cost to short is currently 74%, 88% earlier today Unfortunately bc of the ponzi market/short on small caps a RS looms and innovation suffers Hoping some good news comes shortly as the government has started supporting domestic Lidar https://www.techtimes.com/articles/304303/20240505/luminar-restructures-20-workforce-reduction-boost-profitability.htm
NoRisksNoFun
Posted - 1 month ago
$MBLY $LAZR $TSLA $VLVLY $PSNY
DonCorleone77
Posted - 1 month ago
$VLVLY Volvo reports Q3 EPS SEK 4.93 vs. SEK 6.93 last year Reports Q3 revenue SEK 117B vs. SEK 132.3B last year. "In Q3 2024, demand continued to normalize on most of the Volvo Group's markets. We are seeing that freight and construction activity has come down in many regions across the world compared with the very high levels of last year. Our net sales decreased by 7% when adjusted for currency and amounted to SEK 117.0 billion (132.3). Sales of vehicles were 11% lower than last year while sales of services remained resilient and increased by 4%. We continued to generate good profits on the lower sales volumes with an adjusted operating income of SEK 14.1 billion (19.3) and a margin of 12.0% (14.4) thanks to hard work by our colleagues and business partners," said Martin Lundstedt, president and CEO.
Trader1141
Posted - 1 month ago
$RIME wait… WTF does it matter what a company does if they’re making money??? I don’t understand the stupidity 🤣🤣 Car makers make money, donut shops make money, 🤷🏽♂️ $VLVLY $DNUT $KKD $CMG
DonCorleone77
Posted - 1 month ago
$PCAR $VLVLY Heavy-duty truck market view downgraded to Negative from Mixed at OTR Globa OTR Global downgraded its view of the heavy-duty truck market to Negative from Mixed, citing checks. Global market conditions in the heavy-duty truck market have deteriorated in the past 90 days for most dealers due to low freight prices in the United States, worsening economic conditions in Europe and unfavorable weather in Brazil, says the firm, whose checks show that U.S. and European dealers have lowered their sales outlooks for 2024 and 2025.
NASDboy
Posted - 09/24/24
$VLVLY if only they shared their actual books instead of cooking them 😂
stockswatcher24
Posted - 2 months ago
$VLVLY is making a significant impact with its commitment to electrification, with the Volvo XC40 Recharge leading the way. Their dedication to sustainability is evident in their strategic moves.
Garciawt_
Posted - 2 months ago
$VLVLY is leading the way in sustainability, aiming for 100% electric car sales by 2030, with its XC40 Recharge setting the pace for Volvo’s green future
Doc62
Posted - 2 months ago
$LAZR $NVDA $VLVLY Talking about NVDIA supercomputer The Volvo EX90 looks to be groundbreaking working w Lidar… Data collecting as you drive it off the lot from day 1 Wondering if NVDIA has any thoughts of just buying Luminar Lidar outright? https://m.youtube.com/watch?si=c1-j_J_NjI6qWlH3&v=SY52UUqQszc&feature=youtu.be
wsu311
Posted - 2 months ago
$LAZR $NVDA $PSNY $VLVLY
DonCorleone77
Posted - 08/23/24
$VLVLY $CVGI Volvo to invest $700M in Mexican plant, to acquire plant in North Carolina Volvo (VLVLY) will build its new Mexican heavy-duty truck manufacturing plant in Monterrey. As announced on April 11, the plant will supplement the Group's U.S. production and provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and Mack truck sales in Mexico and Latin America. The plant is expected to be operational in 2026. This includes an agreement to acquire Commercial Vehicle Group's (CVGI) production plant in North Carolina, which produces cabs for Mack's heavy- and medium-duty trucks, for approximately $40M. The agreement was announced August 1 by CVG and is expected to close in the second half of this year. The Monterrey plant represents an investment of approximately $700M 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.
ubedatraders
Posted - 3 months ago
$AUR Self driving is not a meme, is a new era $UBER $VLVLY
jaj89
Posted - 4 months ago
$VLVLY h
DonCorleone77
Posted - 4 months ago
$VLVLY Volvo reports Q2 EPS SEK 7.65 vs. SEK 5.30 last year Reports Q2 revenue SEK 140.2B vs. SEK 140.7B last year. "During Q2 2024, the Volvo Group delivered good profitability as demand in many markets continued to normalize compared with the high levels of 2023. Net sales amounted to SEK 140.2 billion, which adjusted for currency changes was on the same level as in the prior year. The adjusted operating income amounted to SEK 19.4 billion (21.9), with a margin of 13.9% (15.4). Lower volumes and our increased investments in R&D affected margins negatively, while carry-over from the price increases we implemented during last year continued to have a positive effect. Our service business grew by 5% adjusted for currency. On a rolling 12 month basis the service business generated revenues of SEK 130.3 billion," says Martin Lundstedt, president and CEO.
DonCorleone77
Posted - 4 months ago
$VLVLY Volvo initiated with an Equal Weight at Barclays Barclays initiated coverage of Volvo with an Equal Weight rating and SEK 300 price target. The analyst continues to prefer Daimler Truck and Traton Group in the "highly attractive and still under-appreciated EU Autos/Industrials sub-sector."
DonCorleone77
Posted - 4 months ago
$WRPT $VLVLY Westport, Volvo celebrate official launch of partnership Volvo Group (VLVLY) and Westport Fuel Systems (WPRT) marked a defining moment in the journey of the newly formed joint venture as the two companies celebrated the official launch of their partnership with an exclusive event at the University of British Columbia, the birthplace of Westport's HPDI fuel system technology. Nurtured for nearly 30 years within Westport, the two partners are coming together to jointly promote, develop and further accelerate the commercialization of the HPDI technology. In doing so, the JV will resolutely focus on moving forward affordable, sustainable transportation solutions using the internal combustion engine operating on renewable fuels now and hydrogen in the future. "This joint venture is poised to make a significant impact on global long-haul and off-road heavy-duty applications," said Dan Sceli, CEO and Director of Westport Fuel Systems, and interim President of the Volvo/Westport JV. "By combining Volvo's extensive expertise in commercial vehicle and power system manufacturing with Westport's innovative fuel system technology, we are creating a powerful force for change that can make a meaningful contribution to reduce carbon emissions immediately and affordably. Together we are committed to delivering sustainable, efficient, and economically viable solutions for long-haul transportation."
DonCorleone77
Posted - 6 months ago
$VLVLY $AUR Volvo unveils production ready autonomous truck Aurora Innovation Volvo Autonomous Solutions, or V.A.S., unveiled Volvo's (VLVLY) first-ever production ready autonomous truck at the ACT Expo in Las Vegas. The Volvo VNL Autonomous brings together Volvo's commercial vehicle expertise with autonomous driving technology from Aurora Innovation (AUR). The result is an autonomous truck that will be an enabler to increasing freight capacity across the United States.
