Skip to main content
volvo
A Volvo building with a car displayed on top and the name written on the sign over many windows.

Volvo Recalls Nearly 20,000 Late-Model Vehicles for Seat Belt Danger

Volvo is a famous brand for a few reasons. Volvos are well-known for being safe cars. Unfortunately, mistakes can still happen, and that's why Volvo is recalling almost 20,000 cars. Here's a look at the seat belt issue that caused Volvo to recall almost 20,000 cars from the 2021 and 2022 model years.
This is the Volvo Logo on and XC90 in a Volvo showroom. The Volvo IPO is rumored to set the Swedish manufacturer's valuation at $25 billion, as its parent company attempts to ride the electric vehicle wave. | JONAS EKSTROMER/TT NEWS AGENCY/AFP via Getty Images

Volvo IPO Announced: Is The Swedish Manufacturer Worth $25 Billion?

As of 2019, Volvo only offers electric and electric-hybrid cars. As a result, the Swedish company is enjoying enhanced publicity and increased sales. Volvo’s owner, the China-based Geely Holding Group, is taking advantage of surging electric vehicle manufacturer valuations with a well-timed Volvo IPO. But is Volvo worth $25 billion? Find out...