Volvo Cars, the premium car maker, has reported a robust 66 per cent increase in operating profit in 2016 to SEK11.0bn compared to SEK6.6bn in 2015, as global sales hit a new record of 534,332 cars.
Volvo Cars, the premium car maker, has reported a third consecutive year of record sales in 2016, increasing 6.2 per cent compared to 2015 to 534,332 cars, underlining the breadth and depth of the company’s ongoing global transformation.