Volvo

Geely seeks over two billion euros loan to refinance Volvo truck deal

November 8, 2024

[ad_1] CHINESE billionaire Li Shufu’s Zhejiang Geely Holding Group is in talks with banks for a syndicated loan to refinance borrowings related to its acquisition of a stake in Volvo...

Volvo becomes latest carmaker to scale back electric ambitions, eases goal to at least 90% by 2030

September 4, 2024

[ad_1] FRANKFURT, Germany (AP) — Sweden-based Volvo Cars has eased off on its pledge to stop selling cars with internal combustion motors by 2030, saying slow rollout of places to...