Volvo could see sales revive more than the current plan for 390,000 units this year, CEO Stephen Odell said. Volvo's European sales have outpaced the market this year while U.S. sales have stabilized.
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Volvo Group has reported that truck deliveries ((Volvo Trucks, Mack, Renault Trucks, UD Trucks and Eicher) in April were 42% ahead of last year, at 13,030 units, confirming the continuing recovery to demand in the heavy commercial vehicle sector.
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WITH VIDEO -- What is it?
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It's a hot hatch with turbo power and a nice dose of functionality--it's the 2011 Volvo C30 dressed in R-Design trim. Find out more in the AW Performance Profile.
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Volvo Cars' crash-test laboratory in Torslanda turns 10 this year - and the almost 3,000 full-scale tests that have been carried out during the high-tech facility's first decade have helped give Volvo owners even safer cars.
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Marketing chiefs at five automakers were asked for their post-recession strategies. Here are answers from Ford's Jim Farley, Hyundai's Chris Perry, BMW's Jack Pitney, Audi's Scott Keogh and Volvo's John Maloney:
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Polestar Performance, the team behind Volvo’s championship-winning Swedish Touring Car Team, has announced their first complete road car project – the C30 Performance Concept Prototype. Full story…
Big news began the week as Geely finally reached a deal to take Volvo off Ford's hands.
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A Thai truck dealer is suing the Volvo Group for THB10.5bn (US$324m) in damages for what it describes as unlawfully terminating two contracts.
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Ford´s sale of Volvo will leave the U.S. automaker with no luxury brand outside North America. But does Ford even need one? At least for now, analysts say no.
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Ford´s sale of Volvo will leave the U.S. automaker with no luxury brand outside North America. But does Ford even need one? At least for now, analysts say no.
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It seems like we just got here, but Day 1 has already come a close. There is no reason to feel morose as all in attendance rose to their feet for some very new and shiny cars. The bar was raised by manufacturers near and far. Volvo presented their long awaited S60, while Ford took the wraps off their spiffy new Lincoln MKZ Hybrid.
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Geely hopes to use its takeover of Volvo to crack China's growing luxury car market and become a global player using the Swedish brand's cutting-edge technology, local analysts have said.
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No Chinese company has succeeded in reviving a business acquired overseas. It's almost a curse for Chinese companies venturing to go global. With Volvo, Geely has a chance to break the record.
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Fresh from its World Debut in Geneva, Volvo's anticipated S60 finally breaks cover in the New World. Sleeker and sexier than ever, the new car should garner at least as much attention as did the 850 back in 1993, essentially announcing a revival at Volvo design. One way or another, this next generation Swede's got lots going for it including a 304 hp turbocharged 3.0L I-6. If Volvo plays their cards right, this may be the car to help them regain some lost ground.
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EDITOR WES RAYNAL: This was a great vacation vehicle. It's a good-looking little ute and drives well and was a handy size for the various vacation activities we did.
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Volvo Car chief Stephen Odell may step down after Zhejiang Geely Holding takes over, according to board members at the Swedish carmaker.
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Geely said it will not produce Volvo brand cars, nor will Volvo make Geely brand cars, following Geely's planned purchase of Volvo from Ford.
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Our spies capture the load-lugging V60 completely free of camouflage
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China's Zhejiang Geely Holding Group has lined up total financing of $2.7 billion to back its purchase of Ford Motor Co.'s Volvo car unit, sources said.
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