Volvo Cars today reported sales of 44,664 cars in July, down 21.5 per cent compared with the same month last year. Demand for the company’s cars remains robust, especially for its Recharge range of pure electric and plug-in hybrid cars.
Volvo Cars today reports steady earnings in the second quarter in the face of ongoing uncertainties in global trade, increasing raw material prices, and supply chain constraints arising out of recent pandemic lockdowns in China.
Volvo Cars today reported sales of 49,904 cars in June, down 26.9 per cent compared with the same month last year. Demand for the company’s cars remains robust, especially for its Recharge line-up of electrified cars.
Volvo Cars announces today it will establish a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential.
As the largest shareholder in the Swedish electric performance car company Polestar, Volvo Cars welcomes the closing of the transaction that will result in the listing of Polestar on the Nasdaq stock exchange in New York tomorrow.
Volvo Cars has a strategic direction to become fully electric by 2030 and shape the future of mobility, with strong ambitions on growth and sustainability. To achieve our ambitions and fulfil our purpose; the company is now fine-tuning leadership responsibilities within Volvo Cars.
Volvo Cars today reported retail sales of 45,952 cars in May, down 28.3 per cent compared with the same month last year. Demand for the company’s cars remains strong, especially for its Recharge line-up of electrified cars.
To offer its customers the best possible user experience, Volvo Cars is bringing photorealistic visualisation technology into its next generation of electric cars through a new collaboration with Epic Games. The companies are teaming up to bring Epic’s Unreal Engine game engine into upcoming Volvo cars, providing unparalleled high-quality graphics inside the cabin.
Underlining its position as a leader in climate action, Volvo Cars has become the first car maker to sign up to the SteelZero initiative, which aims to increase demand for fossil-free steel and accelerate a transition to carbon neutrality in the global steel industry.