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Volvo recalls 106,900 vehicles worldwide from 2023 model year, including 27,225 in US, due to diagnostic error in brake control module; error may cause loss of antilock braking system, electronic stability control, traction control

Volvo Group Venture Capital invests in Canadian AI-based autonomous trucking startup Waabi; company recently unveiled Waabi Driver, supported by scalable simulator Waabi World which exposes Driver to various driving scenarios to advance commercialization

Patent Issued for Sterilization lamp module integrated in vehicle and vehicle comprising a sterilization lamp module (USPTO 11534518)

Volvo reports December US sales up 6.4% from a year ago at 11,111 cars, with all-electric and plug-in hybrid Recharge units accounting for 27.4% of sales, BEV sales up 50% year-over-year; full year sales down 16.5% to 102,038 units

Volvo Autonomous Solutions pursues long-term strategy to deploy autonomous freight capacity on Uber Freight's marketplace, with pilot to take place on hub-to-hub routes in Texas; goal to improve transit time, cut empty miles and overcome driver shortage

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