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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 Volvo articles

Sweden: Volvo to introduce autonomous test program in 2017
The premium Swedish automaker has a history of delivering safer than average cars, which means its ambitions towards self-driving cars are actually self-explanatory. More so, the carmaker made clear its desire ...
US: Volvo seeks higher sales with all-new XC90 SUV
The Swedish automaker, currently owned by China’s Geely, seeks a Phoenix-like rebirth in the US – once its largest single market – with the help of the recently redesigned new ...
Volvo’s sales climb continues with 19th month of increases
Volvo Car Corp., the Sweden-based automaker currently owned by China’s Geely, said January sales modestly grew almost 2 percent, yielding the 19th month of consecutive growth. Volvo Cars has been under ...
Volvo S60 Polestar might become an Australian Federal Police car
The Australian Federal Police has recently began testing out the Volvo S60 Polestar in order to see if this has what it takes in order to become a police car. Australia ...
Volvo’s executive reshuffle should be just the tip of its US revival
Sweden’s Volvo Cars has enjoyed a new lease of life since it was acquired back in 2010 by China’s Geely Holding Group, with increasingly important investments into new models and ...
Volvo plans more luxurious XC90 for Shanghai
The Swedish based automaker Volvo will be creating a more luxurious version of the recently unveiled XC90 which will be introduced at the Auto Shanghai, this year. In case you have ...
US: Volvo makes management changes to counter slower sales
Sweden’s Volvo Cars, a subsidiary of China’s Geely, has decided to make top executive changes at its North American offices, with US CEO Tony Nicolosi tasked with the supervision of ...
Volvo mulling expansion of overseas markets for Chinese-made S60L model
Sweden's Volvo Car Group, now a division of China’s Zhejiang Geely Holding Group Co is already thinking about the expansion of export markets for the Chinese-produced long-wheelbase version of its ...
2015 NAIAS: Volvo S60 Cross Country
The Volvo S60 Cross Country has been officially presented to the public in Detroit as the model will become available for order soon. Besides the new generation of the Volvo XC90, ...



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