Volvo Cars, the premium car maker, has introduced a new Polestar-developed software upgrade that increases torque distribution to the rear wheels of Volvo cars equipped with all-wheel drive (AWD), for more dynamic driving.
Volvo Cars maintains a strong sales momentum into the second half of 2018, with global sales up 15 per cent in July, compared with the same month last year. The company sold a total of 50,931 cars in July, as sales grew in all main markets.
Volvo Cars today reported its highest ever quarterly operating profit of SEK4.2 billion for the second quarter of 2018, an increase of 28.6 per cent compared with the same period last year driven by a strong increase in global retail sales.
Volvo Cars, the premium carmaker, today launches M, a new brand that will expand the company’s global mobility operations by providing dependable, on-demand access to cars and services through an intuitive app.
The Volvo 440 was presented for the first time in June 1988. This was a five-door family car that shared its technology with the 480 sports coupé. Volvo now demonstrated in earnest that front-wheel drive was the way forward.
Volvo Cars, the premium car maker, today inaugurates its first US manufacturing plant, in Charleston, South Carolina, establishing the company as a truly global car manufacturer with plants in all three major sales regions.
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