Volvo gearing up for stock market

The preparations for listing Volvo Cars on the stock market have taken new, clear steps forward. Dagens Industri reports that CEO Håkan Samuelsson held an important meeting on Monday with major investors on the Stockholm stock market. “The meeting was a launch pad for important investors prior to a stock market listing later this year,” says a source with good insight.

During the meeting, Håkan Samuelsson highlighted the development of Volvo Cars’ new models and the company’s strategic goals.

The determining factor is whether Volvo Cars’ owner Li Shufu gives the go-ahead. According to DI’s sources there is an increasing likelihood that he will do so as there remains great interest from Swedish investors.