Volvo Penta

Company limited by Shares (2)

Volvo Penta Overview

CIN
U35115KA1999PTC024976
TYPE
Private
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
EMAIL
FOUNDED
30 Mar,1999
PAID-UP CAPITAL
20
AUTHORISED CAPITAL
500,000
N/A Related OEMs
N/A No. of plants

Volvo Penta in News

28 Jul 2021

Biden mileage rule to exceed Obama climate goal

The proposed rules from the Environmental Protection Agency and Department of Transportation are expected to be released as early as next week, according to four industry and government officials who have been briefed on the plan.

26 Jul 2021

Volvo bus numbers down 30% in the last year

With CampX, Volvo is looking to facilitate collaboration and partnership with external stakeholders such as suppliers, customers, start-ups, incubators and accelerators outside the Volvo Group. Partners for CampX would come from within and around India and any interested stakeholders can get in touch with the company through the CampX website.

24 Jul 2021

Priority is creating world-class facilities in B'luru: Yediyurappa

Yediyurappa, who went on a city round along with senior bureaucrats in a Volvo air-conditioned bus of the Bengaluru Metropolitan Transport Corporation (BMTC), said that Bengaluru needs planned infrastructure, which is the need of the hour to attract more people to come here and invest.

23 Jul 2021

Eyeing IPO, Geely's Volvo Cars swings to profit in H1

The company, owned by China's Geely Holding, has been boosted by growing demand for electric cars, but several automakers have been forced to cut production lately due to global shortages of semiconductors.

20 Jul 2021

Truckmaker Volvo profit just misses view as chip shortage weighs

Adjusted operating profit at the maker of trucks, construction equipment, buses and engines rose to 9.73 billion Swedish crowns ($1.12 billion) from 3.27 billion a year ago, undershooting the 9.84 billion seen by analysts according to Refinitiv data.

19 Jul 2021

Luminar buys one of its chip suppliers to bolster self-driving car sensor

Palo Alto, California-based Luminar said it has agreed to purchase Wilmington, Massachusetts-based OptoGration Inc, with the deal expected to close in the third quarter. Luminar did not disclose the terms of the deal but said it would not have material impact on Luminar's cash position or share count.

01 Jul 2021

Tesla autopilot and other driver-assist systems get new scrutiny

Automakers must report serious crashes within one day of learning about them, the agency, the National Highway Traffic Safety Administration, said. Serious accidents include those in which a person is killed or taken to a hospital, a vehicle has to be towed away or air bags are deployed.

25 Jun 2021

China's Geely scraps STAR Market listing plan

According to the Shanghai Stock Exchange, the Hangzhou-based automaker initially planned to raise up to 20 billion yuan (US$2.94 billion) on the Star Market to fund the development of new technologies and models.

16 Jun 2021

Polestar to make electric SUV at U.S. Volvo plant, starting in 2022

The Volvo plant in Ridgeville, South Carolina, near Charleston, currently builds the Volvo S60 sedan and will add the Volvo XC90 SUV in 2022, Polestar said on Wednesday. The annual capacity at the plant, which opened in 2018, will be 150,000 vehicles with the Volvo and Polestar SUVs added, a Volvo spokesman said.

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