The National Highway Traffic Safety Administration (NHTSA) penalized Volvo AB (OTC: VLVLY) North America by $130 million under a three-year consent order.
On Wednesday, shares of AB Volvo (OTC: VLVLY) experienced volatile short activity. After the activity, the stock price moved up 0.09% to $15.39.
The overall sentiment for VLVLY has been Neutral.
The Insurance Institute for Highway Safety (IIHS) said on Thursday it is rolling out a new rating program this year that is aimed at measuring partial automation systems deployed by automakers such as Tesla Inc (NASDAQ: TSLA) and General Motors Co (NYSE: