When Polestar CEO Thomas Ingenlath picked Joakim Rydholm to be the lead development engineer for the company’s first model as a stand-alone brand, Rydholm thought about it "for maybe a second and then said, Yes!"

The Polestar 1’s initial production run will reach the Volvo subsidiary’s first customers later this year, which explains the intense amount of fine-tuning still going on at the Hallered Proving Grounds, near Gothenburg.

Volvo says the tool will allow designers and engineers to drive next-generation vehicles years before they exist, saving time and money while improving safety.

President Trump will delay imposing tariffs on the European Union's auto industry, but Volvo Car Group CEO Hakan Samuelsson says the trade dispute between the two global powers is "worrying."

President Trump's decision to delay imposing tariffs on Europe's car industry comes as a welcome relief to automakers, but Volvo CEO Hakan Samuelsson says the potential of a trade war between the two global power players is "worrying."

Lynk & CO's Alain Visser said the new automaker sees itself as a "mobility brand with a car," making it the "wild horse" in China's Geely Holding Group that also includes Volvo and Lotus.

Volvo chose Asian battery suppliers because they have a global reach to supply its vehicle factories in Europe, the U.S. and China.

The deal is crucial to helping Volvo reach its goal of having EVs account for half of its global sales by 2025.

Volvo CEO Hakan Samuelsson said the automaker's Care by Volvo subscription service and new M brand for mobility services will help change the way the automaker brings its products to customers, but he said dealers should not fear they will no longer be needed.

Volvo's decision to limit the top speed in its new models has sparked reaction that is 80 percent positive or neutral and 20 percent negative, says the automaker's r&d chief.

Volvo is looking for innovative suppliers to help it achieve an ambitious sustainability goal.
 

Porsche will build 1,948 units of the 911 Speedster in honor of the year that the company started production.

Volvo will reveal the full-electric version of the XC40 before the end of the year. The XC40 will be the first battery-driven model from the brand.

Volvo's CEO expects a huge increase in its plug-in hybrids sales after the automaker underestimated demand for its growing family of electrified models.

Volvo will shrink its management board and give r&d boss, Henrik Green, and strategy head, Bjorn Annwall, added duties as the automaker seeks to put more emphasis on technological developments and digitalization.