Volvo Cars, the premium car maker, has reported a strong first half of 2016 with operating income more than tripling to SEK5.59bn compared to SEK1.66bn reported in the same period last year. Revenues for the half rose from SEK75.215bn to SEK83.647bn.
Volvo Cars reported a solid double-digit sales increase for the first six months of the year, posting growth of 10.5 per cent to 256,563 cars compared to the same period in 2015. Sales of the new Volvo XC90 were the main growth driver globally.
Volvo Car USA, LLC, (VCUSA) reported U.S. sales of 8,454 vehicles, a 41.3 percent increase versus June 2015 and marking the twelfth consecutive month the company posted double digit sales growth. Year-to-date sales are up 24.4 percent year-over-year.
Nine out of ten New Yorkers and 86 percent of residents in California feel that autonomous cars could make life easier, according to Volvo Cars’ Future of Driving survey, the largest online consumer conversation about autonomous driving to date with nearly 50,000 responses.
The Volvo Ocean Race is regarded as the toughest and most prestigious sporting competition of any kind in the world. No other event tests people and equipment more extremely or requires such a combination of individual skill, team work, engineering excellence, technological capability and pure guts.
The new generation Polestar Performance Optimisation has just been released for the Volvo XC90 T8 Twin Engine, making the world’s most powerful and cleanest SUV even faster and more inspiring to drive.
Polestar has launched the new generation of its performance package for the new Volvo S90 and V90. Known as Polestar Performance Optimisation, the package upgrades the entire drivetrain and further improves driving dynamics.
The Volvo 850 was the car that changed everything – a front-wheel drive Volvo with a 5-cylinder transverse engine. It was the result of the Galaxy project, which got its name because it was aiming for the stars. The 850 series achieved great success in the field of motorsport, and was the first car from Volvo available with AWD.