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Volvo profit surges thanks to record sales


Swedish carmaker Volvo Car Group, owned by China’s Geely, announced recently its 2014 operating profit jumped 17.5% after posting record sales figures last year, buoyed by the very rapid growth in China and the continued recovery in Europe. The two major regions, China – the world’s largest auto market – and Europe, the carmaker’s home base, managed to offset a slumping ...
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More Sales Reports articles

US: last year used car prices hit record average
While the US new car market soared almost 6 percent last year to 16.5 million units, there are signs its peak has not been reached – the latest being a ...
Europe: January registrations show positive pace
The overall recovery of the battered European auto market continued last month, with industry figures showing the momentum is mostly positive, with the improved consumer confidence, higher retail incentives and ...
Europe: Fiat Chrysler Automobiles continues the sales rebound in January
FCA – the world’s seventh largest automaker – has announced that January sales on the European continent edged up by 5.8 percent to more than 63,500 vehicles, with deliveries outpacing ...
Europe: Ford sees rising January sales on the continent
The second largest US automaker, Ford Motor, has been looking for years to stop losses in its European core market and last month’s sales might put it on the right ...
Tesla Motors reveals shaky fourth quarter results
Tesla Motors Inc, the California-based electric carmaker that builds the Model S luxury electric sedan, has announced that it failed to achieve sales targets and incurred a loss of $107.6 ...
Volkswagen’s core brand sees declining January sales
The German automaker, the second largest in the world currently, seems to be bracing itself for a troublesome year, following reports on the January sales at its namesake brand – ...
Renault Nissan see record yearly sales in 2014
The Renault Nissan alliance is currently the world’s fourth largest automaker, with combined record sales last year of 8.47 million units around the world, an increase of 2.5 percent over ...
Europe: Ireland sees broadened recovery of auto sales in January
The Old Continent has been battered and bruised by the 2008-2009 recession and unlike the US, which quickly recovered, the region faced a six-year slump that led to sales seeing ...
China: auto deliveries soar 10 percent in January
China’s auto sales jumped 10% last month in what it seems as a turning point from the grim outlook envisioned by analysts and industry experts for the world’s largest car ...



latest automotive news
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