Tag: Håkan Samuelsson

Strong increase in Volvo Cars’ first half 2017 profit

Volvo Cars, the Swedish premium car maker, has reported strong growth in operating profit of SEK6.8bn in the first half of 2017, compared to SEK5.6bn for the same period last year, including experiencing a robust sales increase in China. Revenues rose to SEK99.1bn from SEK84.2bn in the first six months of 2016, while the operating…

Volvo Cars and Uber start joint autonomous driving cars project

Volvo Cars, the Swedish premium carmaker, and Uber, the world’s leading ride-sharing company, are to join forces to develop next generation autonomous driving cars. The two companies have signed an agreement to establish a joint project that will develop new base vehicles that will be able to incorporate the latest developments in AD technologies, up…