Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximise the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.
Volvo Car UK is pleased to announce the appointment of Ian Tonkin to the role of Interim PR Lead, a position which he takes up as cover for Ben Foulds, who has been seconded to Volvo Cars’ global headquarters until the end of July.
Volvo Cars reported its best ever second-half profit and sales volumes in 2020, illustrating the company’s success in mitigating and recovering from the impact of the coronavirus pandemic earlier in the year.
Starting 2021 on a strong note, Volvo Cars reported the best January in its history, as Europe, China and the US all reported increasing sales. Global sales rose by 30.2 per cent to 59,588 cars, boosted by a strong year-on-year performance in China where the company more than recovered losses from earlier Covid-19 shutdowns.
Volvo Cars has received the highest rating for its sustainability performance from EcoVadis, a leading provider of corporate sustainability assessments, further strengthening its position as one of the most sustainability-minded companies in the car industry.
Volvo Cars and Santander Consumer (UK) plc (SCUK) announced today that they have agreed to form a joint-venture partnership to launch a new financial services business in the UK, Volvo Car Financial Services UK Ltd (VCFSUK).