Volvo Cars today reports an operating profit (EBIT) excluding joint ventures and associates of SEK 6.8 billion for the first quarter of 2024, an increase of 8 per cent versus the same period in 2023. The corresponding EBIT margin came in at 7.2 per cent, up from 6.6 per cent a year earlier.
Volvo Car AB (publ.) publishes its Annual and Sustainability Report for 2023 on the Investors website. The report can be found here.
Tesla has confirmed that it will restart operations at Giga Berlin following a production halt due to ongoing Houthi militia attacks on component suppliers using Red Sea transport routes.