Volvo Cars reports second consecutive year of record sales, revenue and profits in 2024, anticipates challenging 2025
GOTHENBURG, Sweden, Feb. 6, 2025 /PRNewswire/ -- Full Year 2024 2024 revenue was SEK 400.2 bn (SEK 399.3 bn in 2023) 2024 operating income (excl. JVs and associates) was SEK 27.0 bn (SEK 25.6 bn in 2023) 2024 operating income was SEK 22.3 bn (SEK...
SMMT - Vehicle production dips amid EV transformation and intense market pressure
British vehicle production slips -11.8% to 905,233 units in 2024, with cars down to 779,584, as industry continues transformation to EV production. 4.0% growth in commercial vehicle production fails to offset -13.9% decline in car output. Potential...