- Volvo Car’s overall sales declined by 10% in November.
- Sales of fully electric vehicles increased by 4% during the same period.
- Chief Commercial Officer Erik Severinson highlights ongoing structural and transformational challenges within Volvo and the broader automotive industry.
- Despite the total sales decline, the growth in fully electric vehicle sales and accelerated deliveries of the XC70 long-range plug-in hybrid in China are positive indicators.
- Electrified models, including fully electric and plug-in hybrids, made up 50% of all cars sold by Volvo in November.
- Analysts’ opinions on Volvo include 2 buy ratings, 9 hold ratings, and 2 sell ratings.
A look at Volvo Car AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Volvo Car AB, a company that manufactures and designs automobiles, is positioned with a positive long-term outlook according to Smartkarma Smart Scores. With high scores in Value, Resilience, and Momentum, Volvo Car AB demonstrates strength in its financial stability, ability to withstand economic challenges, and positive market performance. This indicates a promising future for the company in terms of its overall competitiveness and growth potential.
Although Volvo Car AB scores lower in Dividend and Growth, with scores of 1 and 3 respectively, its strong performance in other areas suggests a solid foundation for long-term success. As a global provider of cars, trucks, and vans, Volvo Car AB continues to serve customers worldwide with a focus on innovation and quality. Investors looking for a company with a sound financial position and market momentum may find Volvo Car AB to be a favorable investment choice based on the Smartkarma Smart Scores analysis.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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