Swedespeed

For the Volvo Enthusiast

Latest Stories in Volvo News

Volvo to Lay Off 1,300 White Collar Workers in Sweden

posted by on 29 April 2020 in News Volvo News

Volvo Cars has announced that it will lay off 1,300 white-collar position in Sweden to “effectively position the company for long term growth,” according to a statement today. Volvo says that its production operations won’t affected by the job cuts, but that it will continue to review and reduce consultancy contracts. The company said it […] More…

Volvo May Have to Cut Back on Facelifts and R&D

posted by on 22 April 2020 in News Volvo News

As a response to the cost of the coronavirus, Volvo may cut future costs by slowing R&D and mid-cycle refresh spending. The measures would not, according to Volvo CEO Hakan Samuelsson, affect the company’s research into electric vehicles or autonomy. Samuelsson told Automotive News Europe in an interview that the cost shutting down factories for […] More…

Volvo to Start Reopening European Plants on April 20

posted by on 17 April 2020 in News Volvo News

Volvo will reopen its Torslanda plant in Sweden next week. The decision follows downtime at the plant caused by the COVID-19 pandemic. Work will start on April 20, according to Volvo. The decision was taken following talks with its labor unions. Office workers will also be returning to work on Monday. “We have a responsibility […] More…

Volvo and Veoneer Split Up Autonomous Subbrand 50-50

posted by on 2 April 2020 in News Volvo News

Zenuity, a joint venture of Volvo and Veoneer, will be split down the middle to, as Volvo puts it, accelerate autonomous technology development. The split will divide Zenuity into two parts, the first focusing on “unsupervised autonomous drive software” and will be owned by Volvo. The second portion will be owned by Veoneer and will […] More…

Volvo Car USA Launches New Service Program + App, “Volvo Valet”

posted by on 31 March 2020 in News Volvo News

In a continued effort to support customers and improve the Volvo ownership experience, this new vehicle pickup and delivery service allows all U.S. Volvo owners to have their cars serviced without leaving the home or work. In pilot for the last several months, Volvo Valet provides a convenient and transparent maintenance process to help make […] More…

Volvo Warns that its Earnings Will be Hurt in 2020

posted by on 26 March 2020 in News Volvo News

Along with the rest of the automotive world and, indeed, the rest of the economy, Volvo is warning that its 2020 earnings will be affected by the coronavirus. “The weakening market and production disruptions will impact the first half year results negatively as sales, profit and cash flow are expected to be lower than last […] More…

Volvo to Recall 750,000 Cars Worldwide Over Autonomous Emergency Braking Fault

posted by on 18 March 2020 in News Volvo News

A fault in Volvo’s emergency braking system is prompting a worldwide recall of 750,000 vehicles, reports Autocar. The fault was discovered by Denmark’s motoring body, FDM during a road test in 2019. During the test, an XC60 repeatedly failed to stop for an obstacle that should have triggered autonomous emergency braking.  Volvo took the car […] More…

Volvo Cars Looks to Rail Against Emissions

posted by on 17 March 2020 in News Volvo News

Volvo Cars has announced it will be using more rail and less road to help reduce CO2 emissions from manufacturing and transportation of its vehicles. The plan, the company says, is especially important for implementation in Europe, where the company currently uses many trucks for transport, but where rail is generally more prevalent than in […] More…

Electric XC40 Priced Higher than Base XC90 in the UK

posted by on 16 March 2020 in Volvo News

Volvo has announced the pricing for the all electric XC40 in the UK and the price is rather high at £53,155. Put another way, that’s a thousands pounds more than base price for the XC90. That price converts to roughly $65,000 in the US, but car prices are rarely a straight conversion thanks to production […] More…

Volvo Ghenting Started on Batteries at New Plant

posted by on 5 March 2020 in News Volvo News

Volvo has just announced the startup of its latest and brand-new battery assembly line. The Belgian factory is part of the same manufacturing plant that will build the XC40 Recharge P8, the first fully-electric Volvo, starting later this year. “I am pleased to celebrate this momentous occasion with our employees here in Ghent,” said Geert […] More…