Volvo sales rise by 13 percent
The Swedish founded car company Volvo sales has overall risen 13 percent this May compared to last year. This boost is mainly due to the sales of electric vehicles. The …
Volvo sales rise by 13 percent Read MoreTag: Geely Holding
Volvo sales grow 10% in April due to high demand in China
Sweden-based Volvo Cars said on Wednesday, May 3, that sales increased by 10% in April to 51,976 cars. The rise in sales are mainly boosted by strong gains in China. …
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Volvo Cars and Geely Holding create Aurobay for joint powertrain operations
Volvo Cars and its parent company Geely Holding have agreed to create a joint venture under the name Aurobay for its powertrain operations, as the companies proceed with their earlier …
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Automotive / Business in Asia / China / Innovation & Technology / Manufacturing / Sustainability / Sweden / Transportation, maritime
Volvo refinance SEK5 billion to Swedish investors
Swedish origin Volvo Cars, owned by China’s Geely Holding announced in a statement on 16th December 2019, that they had issued SEK5 billion worth of convertible preference shares to a …
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Automotive / Business in Asia / China / Manufacturing / Services / Sweden / Transportation, maritime
Volvo Cars, Geely launch new car brand: Polestar
Volvo Cars, the premium car maker of Sweden, and its Chinese owner Geely Holding has announce they will jointly invest RMB 5 billion (EUR 640 million) in a new standalone …
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Volvo Cars’ sales hit new record in 2016
Chinese-owned Swedish brand Volvo Cars has reported a robust 66 per cent increase in operating profit in 2016 to SEK11 billion and a new record as global sales hit 534,332 …
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