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Volvo Cars CEO: We expect 5 percent growth in 2014


Volvo Car Corp.'s Chief Executive Håkan Samuelsson, during a press conference in Sweden told reporters that new car sales are expected to grow by 5 percent this year, thanks to new products and continued growth in China and the United States. Last year Volvo Cars sold 427,840 new vehicles worldwide – up 1.4 percent compared to 2012, but full-year profit for ...
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New Volvo Concept car announced for Geneva
The Swedish based automaker Volvo has recently announced its plans to officially introduce a brand new concept car next month, during the 2014 Geneva Motor Show, in a premiere. With the ...
Report – Geely and Volvo developing new subcompact global car
China's Zhejiang Geely Holding Group Co. and its subsidiary, Volvo Car Corp., have begun development of a subcompact vehicle platform in a Swedish R&D center that the partners opened last ...
Geely says it’s happy with Volvo’s management
China's Zhejiang Geely Holding Group Co. dismissed concerns that it's unhappy with the direction of its Swedish car-making unit Volvo Cars. The comments came after Friday in a report Reuters said ...
Volvo returned to profit in 2013
Volvo Car Corp Chief Executive Hakan Samuelsson said the Swedish automaker returned to operational profitability in the year just ended after fixing its business in China and making cost cuts. Volvo ...
Volvo details SPA, to underpin new XC90
Volvo has released some new details on the SPA, which will underpin the future generation of the popular XC90 SUV. According to the Swedish based automaker, the SPA (Scalable Product Architecture) ...
November sales: Volvo cars rises 6%
As demand in China remained strong and European deliveries bounced back from a 4 percent drop in October, Volvo Cars announced its global sales rose 6 % in November, its ...
Volvo joins autonomous cars race
Swedish-based Volvo Car Group has joined the race to develop self-driving cars, saying it plans to build 100 such vehicles in a pilot project. The Chinese-owned automaker said yesterday in a ...
Volvo to receive loan of $800 million from China
Volvo Car Corp. has announced it has signed an $800 million loan agreement with the China Development Bank that will help it finance the development of new cars for the ...
Volvo Trucks could fire around 500 workers
Due to the harsh economic situation in the European region and downsize of the market for its trucks, Volvo would fire almost 500 hired labor employees from two of its ...

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