Press Releases

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    Motor Trend’s well-thought-out nominations look closely at each vehicles’ statistics, as well as put each vehicle through rigorous tests both on and off the road. This year, among competitive contenders for both SUV and Car of the Year, XC40 and S60/V60 are part of the elite few to make their way to the top.
    Volvo Cars is headed for its fifth consecutive year of record retail sales after posting a double digit 11.8 per cent sales growth in October, compared with the same month last year. The strong performance was led by growth in all key regions of the US, China and Europe. The company sold 53,509 cars during the month.
    Polestar has undertaken the first of a series of crash tests as part of the development of the Polestar 1. This represents the first time the Volvo Car Group has assessed the strength of a carbon fibre reinforced polymer body in a real crash situation.
    Volvo Cars has reached an agreement with Baidu, the leading Chinese internet search provider, to jointly develop electric and fully autonomous drive-compatible cars with the aim of mass producing them for China, the largest car market in the world.
    CEO Håkan Samuelsson: Volvo Cars’ growth remained strong in the third quarter with a 14 per cent increase in retail sales and an 18 per cent revenue increase. Compared to last year, the profitability was influenced by product launch costs, higher tariffs as well as license sales effects. For the full year, we expect record sales and continued strong profits.
    Volvo Cars, the premium car maker, and NVIDIA, the leading artificial intelligence (AI) computing firm, are joining forces for the development of a highly advanced, AI-capable core computer for the next generation of Volvo cars.
    (RICHMOND HILL, ON.) Volvo Car Canada Ltd. today announced it is partnering with Strativity Group LLC, a global experience design firm, on a new project, Evolution Volvo: Rising Together. The new program is designed to transform the company’s customer experience through its retailer network.
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