Volvo Car Group (Volvo Cars) has signed a five-year, EUR 1.3bn revolving credit facility with a group of leading global and regional banks, underlining growing global confidence in the Swedish car company’s financial and operational transformation.
Volvo Cars, the premium car maker, has announced that Polestar, its performance car arm, is to become a new separately-branded electrified global high performance car company, marking the latest stage in Volvo’s ongoing transformation.
Volvo Cars, the premium car maker, has announced the appointment of Robin Page as Senior Vice President Design. Mr Page, head of interior design for the past four years, will take over Volvo’s design operations as Thomas Ingenlath has been named Chief Executive Officer of Polestar, Volvo’s performance car company.
Volvo Cars, the premium car maker, has announced the appointment of David Ibison as Senior Vice President Corporate Communications. Mr Ibison replaces Jonathan Goodman, who has been appointed Chief Operating Officer of Polestar, Volvo’s performance car company.
The Volvo Ocean Race will switch from a 3-year to a 2-year cycle after the upcoming 2017-18 edition, a change that will provide more continuity and more commercial value for professional sailing teams, sponsors and Host Cities.
“Sometimes the moments that never happen matter the most.” This is the beguiling thought that lies behind Volvo Cars’ new XC60 film. But what does it mean? Taking a typically human approach, Volvo has captured the essence of how advanced safety technology has the power to change the lives of people both in and around the car.
Volvo Cars, the premium car maker synonymous with advanced safety systems, has once again been recognised for its contribution to improving traffic safety and reducing fatalities and serious injuries on our roads by the National Highway Traffic Safety Administration (NHTSA) in the United States.
Li Shufu, the chairman of Volvo Cars and Håkan Samuelsson, president and chief executive of the car maker, met Li Keqiang, Prime Minister of the People’s Republic of China and Charles Michel, Prime Minister of Belgium, on June 2nd in Brussels.
Volvo Cars, the premium car maker, continued on its path towards another record full year in May, reporting double-digit global retail sales growth of 12.2 per cent compared to the same month last year, on the back of solid performance in all its three main sales regions.