Press releases

The Volvo Group, Daimler Truck AG, cellcentric and Toyota Motor Corporation have signed a binding agreement for Toyota to join as an equal partner and shareholder in cellcentric, with each owner to hold a third each. The agreement follows the previous non-binding agreement signed at the end of March this year. Completion of the transaction is conditional upon obtaining regulatory approvals. Through the collaboration, the parties intend to strengthen cellcentric’s position as a leading developer and manufacturer of fuel cell systems for heavy-duty commercial applications.

• Press release - Toyota Motor Corporation, Volvo Group and Daimler Truck have signed binding agreement for Toyota to join cellcentric as equal shareholder (PDF, 586 KB)

“The second quarter of 2026 demonstrates the strength and adaptability of the Volvo Group. We delivered net sales of SEK 126.3 billion, with an organic sales growth of 7%. This improvement was broad-based with vehicle sales growing 6% and service sales 7% organically – reflecting both the quality of our product offering and the continued high utilization of our customers' fleets across most markets. Profitability reached its highest level in recent quarters. Adjusted operating income rose to SEK 14.8 billion (13.5), with an adjusted operating margin of 11.7%, up from 11.0% in Q2 2025, progress that demonstrates our capacity to achieve good earnings through the business cycle,” says Martin Lundstedt, President and CEO.

• Volvo Group – the second quarter 2026 (PDF, 3 MB)
• Press release - Volvo Group - the second quarter 2026 (PDF, 599 KB)

The Volvo Group report for the second quarter 2026 will be published on July 17, at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST.

• Press release – Invitation to the Volvo Group report on the second quarter 2026 (PDF, 420 KB)

The number of votes in AB Volvo has changed due to the conversion of a total of 151 Series A shares to a total of 151 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.

• Press release – New number of votes in AB Volvo (PDF, 437 KB)

The previously announced agreement between Volvo Group, Renault Group and CMA-CGM to make a strategic change to the business model of Flexis has received the needed regulatory approvals. The agreement is hence closed. 

• Press release – Volvo Group, Renault Group and CMA-CGM has completed agreement on strategic change for Flexis (PDF, 477 KB)

At the Volvo Group’s Capital Markets Day at Volvo Construction Equipment’s Customer Center in Eskilstuna, Sweden on June 10, 2026, President and CEO Martin Lundstedt, together with Group Management, presents the strategy aimed at strengthening earnings resilience, accelerating growth and driving total shareholder return.

• Press release – Volvo Group Capital Markets Day – Built for Resilience and Growth (PDF, 608 KB)

Volvo Financial Services (VFS) and Eicher Motors Limited today announced the intent to form a 50-50 joint venture to provide financing, leasing and other financial services for customers of Volvo and Eicher-branded commercial vehicles within the Indian market. Pending regulatory approval, the JV will be created by VFS India issuing new shares to Eicher in exchange for an equity investment of up to Rs 750 crores or approximately 730 MSEK. The exact investment will be determined at the time of closing per the transaction documents. The impact on earnings at the closing of the transaction will not be significant and will not have any cash flow effect on the Volvo Group.

• Press release – Volvo Financial Services and Eicher Motors Limited announce joint venture for financial services in India (PDF, 622 KB)

Volvo Group North America has reached a settlement with the California Air Resources Board (CARB). The settlement resolves allegations by CARB regarding the adequacy of the description of certain emission controls on model year 2010-2016 engines installed in Volvo Group trucks sold in California. The Volvo Group’s internal review found no evidence that anyone acted in bad faith, and the settlement is explicitly without admission of liability.

• Press release – Volvo Group North America has made a settlement with CARB (PDF, 496 KB)

The Assar Gabrielsson Foundation has awarded Ketan Thombare as the winner in the basic science research category and Louise Carstam and Ella Äng Eklund as the winner in the clinical research category. The prize recipients are rewarded with SEK 100,000 each as extra research grants, administered by the Sahlgrenska Academy at the University of Gothenburg.

• Press release – The Foundation Assar Gabrielsson Prize recipients 2026 awarded (PDF, 545 KB)

The number of votes in AB Volvo has changed due to the conversion of a total of 800,000 Series A shares to a total of 800,000 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.

• Press release - New number of votes in AB Volvo (PDF, 411 KB)