Geely

Volvo boosts 2014 profit by 17% on record sales

Feb. 26, 2015 08:31 CET

Volvo said its 2014 operating profit rose 17 percent in its best year of sales to date as rapid expansion in China and recovery in Europe offset the brand's continued weakness in the U.S....
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Volvo: XC90 marks brand's rebirth

12:01 am U.S. ET | Feb. 23, 2015

Volvo Cars is heralding its new XC90, the first vehicle it has developed since Ford Motor Co. sold it to China's Zhejiang Geely Holding Group Co. in 2010, as the rebirth of the Swedish brand. The 2016 model has no components from Ford's parts bin....
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JAMIE LaREAU

Volvo captive finance's plan to help spur sales of Volvo's XC90

3:30 pm U.S. ET | Feb. 19, 2015

The redesigned 2016 Volvo XC90 is “the big” launch facing Volvo's captive finance company. Just ask Dan Romagnoli. He is the man responsible for making sure dealers get enough financing support to sell the heck out of the crossover when it goes on sale in May....
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Volvo touts redesigned XC90 as rebirth of the brand

4:00 pm U.S. ET | Feb. 18, 2015

Volvo is targeting U.S. sales of 28,800 in a full year for the redesigned XC90 crossover that goes on sale in May. Volvo is heralding the crossover -- with new Scandinavian styling, a roomier interior and semiautonomous driving and safety features -- as the rebirth of the Swedish brand....
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VINCE BOND JR.

No big bucks for a Super Bowl ad? No problem

6:00 pm U.S. ET | Feb. 6, 2015

Mitsubishi, along with Volvo, didn't run ads during the Super Bowl's primary NBC broadcast. The small brands, lacking the deep ad budgets of their larger counterparts, relied heavily on social media to piggyback on Super Bowl hype....
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Volvo sales rise 2% in January for 19th month of growth

Feb. 4, 2015 11:21 CET

Volvo said vehicle sales rose 2 percent in January, marking the 19th consecutive month of growth. Deliveries were up in western Europe, China and the United States....
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MAKE MEETINGS

Volvo dealers will get product details in March

12:01 am U.S. ET | Feb. 2, 2015

Volvo will detail the seven new products it will launch through 2017 at a March dealer meeting in Vail, Colo., dealers were told at their make meeting. The newest vehicle, the redesigned XC90 crossover, will go on sale in the second quarter....
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DAVE GUILFORD

Volvo and the 'sweet hereafter'

12:59 pm U.S. ET | Jan. 30, 2015

Excruciatingly long product lead times have always challenged automakers, who have to figure out what will sell four or five years hence. But they’re tough on dealers, too, who face lengthy product droughts while hearing -- literally for years -- about the really sweet stuff that’s on the way....
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DIANA T. KURYLKO

Volvo's interception not likely to win the game

6:43 am U.S. ET | Jan. 29, 2015

Volvo wants some of the attention the big boys with fat wallets will get during the Super Bowl....
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Volvo's revival plan 'starts now'

12:01 am U.S. ET | Jan. 26, 2015

After its U.S. market share fell to the lowest level since 1978, Volvo has put its global product strategy chief in charge of North America and significantly boosted its marketing budget in preparation for an upcoming blitz of new vehicles. Lex Kerssemakers, a 55-year-old native of the Netherlands, replaces Tony Nicolosi as CEO of Volvo Cars of North America after a 15-month period in which sales continued to fall....
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Volvo dealers embrace U.S. management shift

5:00 pm U.S. ET | Jan. 24, 2015

Dealers applaud the recent management change at Volvo Cars of North America and said having a senior executive from the home office in Sweden at the helm assures quick responses on all issues -- including product and retail support -- and signals a real commitment to the U.S. market....
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CHIP GENGRAS, VOLVO RETAIL ADVISORY BOARD

Volvo dealers are hungry for the redesigned XC90

2:00 pm U.S. ET | Jan. 23, 2015

Volvo dealers thought 2014 would be the turnaround year for sales. But it wasn't and the struggle continues for many retailers, said Chip Gengras, chairman of the Volvo Retail Advisory Board....
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Volvo appoints another U.S. chief amid sales decline

12:15 am U.S. ET | Jan. 21, 2015

Volvo is reshuffling its North American management, moving CEO Tony Nicolosi to head of its finance company for the Americas and bringing global corporate product strategy chief Lex Kerssemakers to replace him....
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Volvo's first China-built car arrives in June

12:01 am U.S. ET | Jan. 19, 2015

Volvo will begin importing its first China-built car in June and could sell up to 5,000 units a year of the stretched S60 sedan, executives said. The long-wheelbase S60 Inscription sedan goes on sale in the United States in June. It will be the first China-built car sold in the United States....
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DEALER COUNCIL LEADERS

Volvo dealers pin hopes on XC90

12:01 am U.S. ET | Jan. 19, 2015

Volvo dealers continued to struggle last year as 2014 failed to bring the anticipated turnaround in sales. And the struggle continues for many retailers, said Chip Gengras, chairman of the Volvo Retail Advisory Board....
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Volvo may expand export markets for China-built cars beyond U.S.

Jan. 16, 2015 11:36 CET

Volvo, which will start shipping the S60L sedan to the U.S. later this year, says it could add additional export markets in the Asia-Pacific region and elsewhere. The automaker may also consider future exports of a large china-built sedan, dubbed internally as the S90....
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Volvo sees two new sedans helping it rebuild U.S. sales

5:14 pm U.S. ET | Jan. 12, 2015

Volvo debuted two new sedans today: its Chinese-made S60 Inscription and S60 Cross Country....
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RICHARD JOHNSON

Volvo CEO Samuelsson details U.S. agenda, 'e-ordering'

11:46 am U.S. ET | Jan. 12, 2015

Volvo CEO Hakan Samuelsson didn't exactly deny a report from China on Sunday that the Swedish brand is considering a US assembly plant, but he wasn't quite embracing it either....
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Volvo joins niche with S60 Cross Country

12:01 am U.S. ET | Jan. 12, 2015

Volvo's S60 Cross Country, which is to debut this week at the Detroit auto show, will join the BMW 5-series Gran Turismo and Honda Crosstour in a niche that blends sedan and crossover attributes....
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Volvo mulls U.S. plant; Chinese-made 'strategic flagship' may be exported to U.S., report says

1:22 pm U.S. ET | Jan. 11, 2015

Volvo is considering building an assembly plant in the United States and also may export a "strategic flagship" sedan made in China to the US, people familiar with the Chinese-owned automaker's plans told Reuters....
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Volvo will show S60 Cross Country in Detroit

11:19 am U.S. ET | Jan. 8, 2015

Volvo will debut the S60 Cross Country at the Detroit auto show next week. Volvo has increased the sedan's ride height by 2.5 inches and added all-wheel drive. The S60 Cross Country will go on sale in the United States this summer....
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VOLVO

Struggling brand takes new approach

12:01 am U.S. ET | Jan. 5, 2015

To set itself apart, Volvo is working hard on semiautonomous vehicles and hopes to be a leader in that arena....
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Volvo wants online leads, not online sales, in U.S.

12:01 am U.S. ET | Dec. 22, 2014

Volvo's online vehicle sales in the United States will resemble a lead-generating service, with shoppers selecting a model and putting down a deposit, the company's U.S. chief says....
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Volvo to provide 4-year subscription to SiriusXM traffic, weather information

3:40 pm U.S. ET | Dec. 17, 2014

Volvo customers will receive a 4-year subscription to SiriusXM traffic and weather information when purchasing a 2015 1/2 model equipped with the latest generation of Volvo Sensus Connect, the company's connected car platform, Volvo said Wednesday....
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Asian carmakers' Russia ambitions hit by ruble collapse

Dec. 17, 2014 13:28 CET

Asian carmakers, which have been gaining market share in Russia at the expense of European and U.S. rivals, have been hit as the ruble plunges and auto sales skid....
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