Volvo Cars, the premium car maker, expects to make record sales in 2016 for the third consecutive year, Håkan Samuelsson, Volvo Cars' President and Chief Executive said.
Volvo Car Group, the premium car maker, trebled its operating profit for 2015 to SEK6.620bn compared with SEK2.128bn for the same period in 2014. Revenue for the year was SEK164,043m, up from SEK137,590m in 2014.
Volvo Cars has chosen the North American International Auto Show (NAIAS) in Detroit to launch its new signature premium saloon, the S90, underscoring its long-term commitment to the US market and providing a clear sign of its confidence in continued sales growth in the coming year.