Volvo Car Group (Volvo Cars) has turned around a SEK577m first half loss in 2013 and will report a full year operating profit when it announces its results later this month, said Håkan Samuelsson, President and CEO.

Volvo Cars has won a coveted ‘hat trick’ of awards after its new Concept Estate car was named ‘Car of the Show’ by several international media.

Volvo Cars has announced a broad range of product updates, led by the continued roll-out of the Drive-E powertrain program.