Volvo Cars, the premium carmaker, announced today that it will start vehicle assembly operations in India in 2017. This positions the company for further growth in the fast-expanding premium car segment in India.
The Volvo Ocean Race today unveiled a series of radical initiatives that will create the toughest all-round test in professional sailing and strengthen the appeal of the 44-year-old round-the-world race to pro sailors, team owners and their sponsors, race partners, host cities and fans.
Volvo Cars, the premium car maker, has announced a close partnership with Google, one of the world’s largest technology companies, to develop the next generation of its award-winning in-car infotainment and connectivity solution based on Android, offering access to a wide array of apps and services. It will launch on new Volvo models within two years.
Nicky Catsburg claimed his first podium finish of 2017 in a controversial FIA World Touring Car Championship (WTCC) weekend in Hungary, climbing to second in the championship, as team-mates Thed Björk and Néstor Girolami had one retirement each.
Volvo Cars, the premium car maker, has had its credit rating upgraded by Standard & Poor’s, the global credit rating agency, from BB with a positive outlook to BB+ with a stable outlook, underlining S&P’s faith in its ongoing global financial and operational transformation.
Volvo Cars, the premium car maker, is updating its business model to a changing world and believes the car industry as a whole needs do to the same, its president and chief executive Håkan Samuelsson will announce today at the bi-annual meeting of the UN Global Compact Nordic Network in Gothenburg.
Volvo Cars, the premium car maker, saw a good start to the second quarter in April, reporting global retail sales growth of 10.5 per cent for the month. Volvo Cars’ three main sales regions all contributed to the double-digit growth.
Volvo Cars, the premium car maker, reported an operating profit of SEK3.5 billion for the first three months of the year, up 11 per cent from SEK3.1 billion during the same period last year. The increase was mainly driven by strong demand for the company’s XC60 and 90 series cars.