Douglas A. Bolduc

Volvo CEO Hakan Samuelsson and CFO Bjorn Annwall outlined the next steps in the automaker's push to become a publicly trade company.

Yanfeng executive Han Hendriks tells tells Automotive News Europe about the rising responsibility that large suppliers are being given by automakers to develop entire systems for vehicles.

The EV maker's valuation matches the reported valuation of its co-owner, Volvo Cars, and is nearly double the value of Renault.

Vitesco, the powertrain unit that Continental plans to spin off on Thursday, has about $17.7 billion in orders for its electrification products.

Former Volkswagen and Apple executive Johann Jungwirth is bullish about the future for autonomous vehicles.

Michael Lohscheller will lead the Vietnamese automaker's push to become a "global smart electric car company," with an emphasis on growing the brand's business in Europe and North America.

Polestar says it's on track to double its global retail locations to 100 this year and the Volvo subsidiary believes having 200 locations in 2022 is within reach.

Next year's arrival of the Polestar 3 crossover is driving a wave of new retail space openings.

Water from the Ahr River rose more than 6 feet in the suspension parts plant, causing damages in the millions of dollars. No workers were injured.

Volvo reported earnings before interest and tax of 13.24 billion crowns ($1.5 billion) versus a loss of 989 million a year earlier. Sale improved 26 percent to 141.1 billion crowns ($16.2 billion).

The brand's just-unveiled Concept Recharge hints at its design direction for a full-electric large crossover that will succeed the XC90 as the flagship.

Volvo will deviate from using letter and number combinations as it does for models such as the XC90. “This car will have a name, more like a [newborn] child,” CEO Hakan Samuelsson said.

Volvo will start by testing steel made from hydrogen-reduced iron, with the aim of using it in a concept car within the coming years and eventually becoming the first automaker to build vehicles with fossil-free steel.

Volvo's Torslanda factory, near Gothenburg, is the Swedish automaker's first vehicle assembly plant to achieve climate neutrality.

The automaker says that the potential listing being considered for this year could be a "logical next step" on the company's "capital market journey."