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Unable to move or returning to rationality? After BBA withdrew from the price war, multiple brands such as NIO and Volvo reduced their discount rates
After luxury car brands such as BMW, Mercedes Benz, and Audi (referred to as "BBA") withdrew from the "price war", car companies such as NIO, Toyota, Volkswagen, and Volvo also reported a reduction i ... -
Volvo's stock price once soared by over 30% and will stop providing funding to Polestar Motors
On Thursday, February 1st local time, the stock price of Swedish automaker Volvo soared by over 30%. The company had previously announced its fourth quarter 2023 results and announced that it would s ... -
Geely to become an important new shareholder Volvo Cars plans to reduce its stake in Polestar Motors
On February 1st, Volvo announced that it is evaluating its equity adjustment in Polestar. "As Volvo Cars undergoes its next phase of transformation, including technological innovation and future suit ...