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Volvo

Volvo Cars reports slight sales increase amid market uncertainty

COPENHAGEN: Volvo Cars’ sales rose by 1% year-on-year in September to 62,458 cars, the Sweden-based automaker said...

Published 02 Oct, 2024 01:28pm

Business & Finance

Volvo Cars scales back margin and revenue ambitions

Swedish automaker Volvo Cars slashed its margin and revenue ambitions for a second time in a year on Thursday, a day...

Published 05 Sep, 2024 01:08pm

Business & Finance

Volvo Cars’ July sales rise 6% driven by European EVs

COPENHAGEN: Volvo Cars’ sales rose 6% year-on-year in July to 57,447 cars, driven by an increase in fully electric...

Published 02 Aug, 2024 01:50pm

Technology

Volvo Cars April sales rise on strong EV demand

COPENHAGEN: Volvo Cars’ sales rose 27% in April from a year earlier to 65,838 cars, boosted by demand for electric...

Published 06 May, 2024 01:16pm

Business & Finance

Volvo Cars posts record March sales

COPENHAGEN: Volvo Cars’ sales rose 25% in March from a year earlier to 78,970 cars, reaching an all-time high for...

Published 04 Apr, 2024 01:11pm

Business & Finance

Volvo Cars February sales volume down 2% year-on-year

COPENHAGEN: Volvo Cars’ sales fell 2% in February from a year earlier to 50,315 cars, the Sweden-based group said on...

Published 05 Mar, 2024 01:31pm

Business & Finance

Truck maker Volvo’s Q4 operating profit beats expectations

STOCKHOLM: Swedish truck maker AB Volvo reported a bigger-than-expected rise in fourth-quarter adjusted operating...

Published 26 Jan, 2024 01:42pm

Business & Finance

Volvo Cars’ sales grow 10% in April on demand jump in China

STOCKHOLM: Sweden-based Volvo Cars said on Wednesday that sales increased by 10% year-on-year in April to 51,976...

Updated 03 May, 2023 01:14pm

Business & Finance

Volvo Cars braces for challenges in 2023 after quarterly profit falls

STOCKHOLM: Volvo Cars said on Thursday that 2023 is likely to be another challenging year despite healthy demand for...

Published 09 Feb, 2023 11:55am

Business & Finance

Volvo Cars’ sales growth accelerates to 12% in November

STOCKHOLM: Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154...

Published 02 Dec, 2022 01:38pm

Business & Finance

Volvo Cars to close China plant due coronavirus restrictions

OSLO: Sweden’s Volvo Cars will temporarily close its plant in the Chinese city of Chengdu due to local coronavirus...

Published 01 Sep, 2022 05:45pm

Business & Finance

Volvo Cars reports 28% drop in May sales as China lockdowns weigh

STOCKHOLM: Volvo Car Group’s May sales were down 28.3% from a year earlier, the Sweden-based automaker said on...

Published 02 Jun, 2022 01:11pm

Business & Finance

Truck maker Volvo halts Russia production and sales

STOCKHOLM: Swedish truck maker Volvo said Monday it had halted production at its Russian factory and stopped sales ...

Published 01 Mar, 2022 05:34am

Business & Finance

Volvo Cars says supply chain woes remain as profit lags forecasts

STOCKHOLM: Volvo Cars posted on Friday earnings below analysts' expectations pressured by the lingering global ...

Published 11 Feb, 2022 11:44am

Business & Finance

Volvo to convert largest factory for electric cars

STOCKHOLM: Swedish carmaker Volvo Cars said Tuesday that it will invest nearly a billion euros in its historic...

Published 08 Feb, 2022 05:56pm

Business & Finance

Volvo profit up in 2021, but supply crunch bites

STOCKHOLM: Volvo said on Friday that profit increased in 2021 as customer activity returned to pre-pandemic levels,...

Published 31 Jan, 2022 07:10am

Business & Finance

Volvo sales down on supply crunch

STOCKHOLM: Volvo sales and profits fell in the third quarter due to the global shortage of semiconductors, but ...

Published 06 Dec, 2021 06:19am

Markets

Volvo Cars shares soar after IPO

STOCKHOLM: Shares of the Swedish car brand Volvo debuted Friday on the Stockholm stock exchange, with the price...

Published 29 Oct, 2021 02:00pm

Business & Finance

Volvo Cars reports 30% sales drop in September as chip crisis weighs

STOCKHOLM: Geely-owned Volvo Car Group's monthly sales fell 30.2% from a year ago in September, dented by the global...

Published 04 Oct, 2021 01:23pm

World

Biden to set target of half of US car sales to be zero-emission by 2030

WASHINGTON: President Joe Biden will set a target on Thursday that half of all cars sold in the United States by ...

Published 06 Aug, 2021 04:18am

Business & Finance

Going electric: Carmakers make the switch

VW's high-end Audi brand expects to be 100-percent electric in 2033

Published 25 Jul, 2021 11:37am

Business & Finance

Eyeing IPO, Volvo Cars to take full control of its Chinese business

Volvo Cars to buy out parent Geely from Chinese JVs
Two step deal seen formally completed in 2023
Geely considering options for Volvo Cars, including IPO

Published 21 Jul, 2021 06:03pm

Business & Finance

Truckmaker Volvo profit just misses view as chip shortage weighs

Volvo, a rival of Germany's Daimler and Traton , said it struggled with substantial production stoppages as a result in the second quarter

Published 20 Jul, 2021 11:11am

Business & Finance

VW, Daimler, Volvo team up to build truck chargers

The project will be managed by a joint venture that is planned to begin operations next year.

Published 05 Jul, 2021 04:05pm

Business & Finance

Volvo, Northvolt team up for electric battery factory

This would allow Volvo to equip around 800,000 vehicles per year.

Published 21 Jun, 2021 05:27pm

Business & Finance

Volvo braces for semiconductor shortage as earnings rise

Net profit rose to 8.8 billion Swedish kronor ($1.05 billion, 874 million euros), up from 4.67 billion a year earlier and beating analyst expectations.

Published 22 Apr, 2021 04:45pm

World

Google, BMW, Volvo, and Samsung SDI sign up to WWF call for temporary ban on deep-sea mining

Companies that hold exploration licences for swathes of the sea floor, including DeepGreen, GSR and UK Seabed Resources - a subsidiary of Lockheed Martin's UK-based arm - hope to eventually sell minerals from the seabed to carmakers and battery companies.

Published 31 Mar, 2021 12:48pm

Business & Finance

Betting on death of petrol cars, Volvo to go all electric by 2030

The carmaker's global network of 2,400 traditional bricks-and-mortar dealers will remain open to service vehicles and to help customers make online orders.

Published 02 Mar, 2021 12:22pm

World

Swede charged with spying for Russia

The Russian diplomat was briefly detained but released on account of his diplomatic immunity.

Published 22 Feb, 2021 05:20pm

Business & Finance

Pandemic puts brakes on Volvo 2020 earnings

For 2021, Volvo raised its sales forecasts in its trucks division -- its core business -- in Europe, North America and Brazil.

Published 03 Feb, 2021 05:09pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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