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…
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 cars. Net revenue for the period increased 10 per cent to SEK180.7bn compared to SEK164.0 bn in 2015 while the operating profit margin improved significantly…
Volvo Cars, the premium carmaker, has unveiled a new upgraded China version of its S90 sedan and a top-of-the-line luxury model called S90 Excellence, both aimed at the high-end sedan market, in advance of their first public appearance at the 2016 Guangzhou Motor Show. The new S90 will be the most premium car ever made…
Volvo Cars, the premium car maker, has in November 2016 unveiled a new manufacturing strategy for China in which production capacity will be increased and a global manufacturing and export hub will be developed, servicing growing demand for its new range of cars in the US, Europe and Asia Pacific. Volvo Cars will make its…
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…
