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Volvo Cars Announces IPO Plan That Could Value It at $25 Billion
Business, Published on 06/10/2021
» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.
German carmakers gear up for digital challenge
Published on 09/04/2015
» WOLFSBURG, GERMANY — Technology giants Google and Apple are muscling their way into the auto industry and the last thing carmakers in Germany can afford to do is stick their collective heads in the sand.