Volvo Car Group (Volvo Cars) has reported a 17.4 per cent increase in operating profit for 2014 to 2,252 MSEK, compared to 1,919 MSEK in 2013, as record sales cleared the way for the company to continue investing in its global transformation. Revenue for the year was 129,959 MSEK, up from 122,245 MSEK in 2013.
Volvo Car Group (Volvo Cars) expects sales and profitability to show a clear improvement in 2015, driven by continued growth in China and Europe and a return to growth in the US, according to Håkan Samuelsson, President and Chief Executive.
Volvo XC90 impresses Red Dot jury with high quality and pioneering design. Red Dot: Best of the Best - highest individual product design award.
Volvo Cars has been awarded one of the world’s premier product design awards for its ground-breaking XC90 luxury SUV.
The all-new Volvo XC90 is a visually striking, premium quality seven seat SUV with world leading safety features, new powertrain technologies, an unrivalled combination of power and fuel efficiency and a superlative interior finish.
Volvo Cars’ flagship XC90 has been awarded the title of Company Car of the Year 2015 in the category Large SUV in Germany – beating German luxury car manufacturers on their home turf a full month before the official market launch.
Volvo Cars posted a 2.3 per cent increase in retail sales for the month of April with growth in all major regions. Deliveries of the new Volvo XC90 have just begun and while no customers have yet had the chance to try out the new car, there are already close to 30,000 pre-orders from across the world. The Torslanda plant in Gothenburg, Sweden has just started up a third production shift to meet cu...
Volvo Cars posted a 2.4 per cent increase in retail sales for the month of September, selling 45,539 cars globally. Europe and the US market were the growth drivers, driven by continued high demand for Volvo’s XC60 and XC90 models.