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Volvo Q4 profit up; holds 2012 outlook


Volvo AB (VOLVB), the world’s second-largest truckmaker, says it has recorded a 46 percent rise in fourth-quarter profits, mainly boosted by a surge in sales. Income for the period amounted to SEK 4.8 billion in the recent quarter versus SEK 3.41 billion in the 2010 fourth quarter, and operating income rose to SEK 6.95 billion from SEK 5.52 billion in 2010. CEO ...
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More Volvo articles

Belgian Strike: Volvo and Audi back to normal
Belgium’s general strike against a government austerity plan brought parts of the country to a halt on Monday. The strike, which began at 10 p.m. local time last night, has shut ...
Volvo Group plans further push in Middle East
AB Volvo, the Swedish builder of commercial vehicles, including trucks, buses and construction equipment is planning further growth in Saudi Arabia and Qatar as well as the UAE in 2012, ...
NHTSA: 2012 Volvo S60 earns five-star rating
The 2012 Volvo S60 has been recently awarded with a five-star safety rating by the NHTSA during the latest crash tests. According to the National Highway Traffic Safety Administration, the 2012 ...
Volvo acquires Saab’s technical director
One after the other of the engineers at Saab are disappearing – Mats Fägerhag, manager for technical development quits and starts working at Volvo PV. Mr. Fägerhag deciding to leave the ...
Volvo V40 and baby XC60, going to Geneva
The Swedish based automaker Volvo is planning to develop a new model, named the V40, along with a baby XC60, which will be officially presented to the public at the ...
Volvo V60 launched in Malaysia
The new Volvo V60 has been recently launched in Malaysia by the Swedish based automaker, and the model has been priced at RM230.000 for the T4 version. According to the car ...
Volvo XC60 Plug-in Hybrid revealed at Detroit
The Swedish based automaker Volvo has recently unveiled the XC60 Plug-in Hybrid at the 2012 Detroit Motor Show. After teasing it and revealing some technical specs ahead of its official debut, ...
Volvo Cars Global Sales up 20% in 2011
The Swedish car maker Volvo Car Corp., on Thursday said its sales increased 20% on year to 449,255 cars. In China, sales grew 54.4 per cent year-on-year. Sales in North America ...
[VIDEO] Volvo XC60 Plug-in Hybrid going to Detroit
Volvo has recently announced that it will officially present the XC60 Plug-in Hybrid Concept at the 2012 Detroit Motor Show next week. According to the Swedish based automaker, just like the ...



latest automotive news
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Feb.4 (GMM/Inautonews.com) The assault charge had nothing to do with Adrian Sutil losing his race seat, Force India has ...
Williams has not run 2012 car yet
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Sauber not replacing departed tech boss Key
Feb.4 (GMM/Inautonews.com) Sauber's technical director James Key has left the Swiss team. In a media statement, the Ferrari-powered outfit said ...
Toyota sales up 7.5 percent in the U.S. in January
Toyota Motor Sales USA has reported sales of 124,540 vehicles for 24 selling days in January 2012, accounting for an ...
New car sales rose 4.3 percent in Australia last month on strong SUV demand
Sales of new automobiles in Australia grew a 4.3 percent in January to 76,783 units, according to Australia's Federal Chamber ...
Detroit Automakers Reject Japan Joining Trade Talks
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Ferrari unveiled F2012 F1 Car [Video / Photos]
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Mercedes-Benz Citan van previewed
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[VIDEO] BMW 3-Series F30 Six commercials released
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BMW 1-Series GT going to Paris Motor Show
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