Douglas A. Bolduc

The Vietnamese automaker’s IPO has been put on hold until 2023 at the earliest, VinFast Chief Financial Officer David Mansfield said.

The EX90 full-electric premium large SUV will replace XC90 as Volvo's flagship.

CEO Mikael Bratt expects to boost organic sales by up to 16 percent and have an adjusted operating margin of about 6 to 7 percent. He also foresees the Swedish safety specialist gaining from the shift to EVs and autonomous vehicles.

The Polestar 6, a likely Porsche 911 rival, will be the Swedish EV maker's most powerful and most expensive model when it arrives in 2026.

Two automotive chiefs who rose to the C-suite from the shop floor say the top level at companies shouldn't only be for those with a university education.

Volvo's EV unit Polestar increased sales 125 percent to 21,200 electric vehicles during the first half, nearly matching its full-year volume from last year.

Competitors that have not committed to EVs must decide "whether they can ride two horses at the same time," Volvo's new CEO, Jim Rowan, told Automotive News Europe.

The 1.2 billion euro factory will have a 250,000-unit capacity and is set to open in 2026. VW Group, Stellantis, Kia and Jaguar Land Rover already operate plants in the country.

CEO Swamy Kotagiri says the supplier's content per vehicle is poised to rise sharply in EVs for products such as all-wheel-drive systems, while Magna's new battery enclosures business is forecast to reach sales of more than $1.5 billion by 2027.

The EV maker -- a Volvo subsidiary -- and the Gores Guggenheim SPAC expect to start trading on the Nasdaq in New York on Friday.

Volvo CEO Jim Rowan has made sweeping changes to his leadership team, naming two deputy CEOs and moving four executives off the automaker's highest management tier.

Helping Ford to debut the Bronco has been a major challenge for Webasto.

Volvo sees positive signs that indicate the chips shortage will improve in the second half, including a more consistent supply.

The latest instance came this week around an upgrade the Geely-owned, Sweden-based automakers made to their infotainment systems.