GeelyVolvo said to be poised to begin China output at Chengdu plantJune 18, 2013 14:47 CET  Volvo will start building a stretched variant of the S60 at its first China manufacturing plant in Chengdu in the second half of this year, according to a Chinese media report.... Read More »
Saab parent's $3 billion lawsuit versus GM thrown out by U.S. judge 5:12 pm U.S. ET | June 10, 2013  Dutch sports car maker Spyker NV's $3 billion lawsuit accusing General Motors of trying to bankrupt Swedish automaker Saab was dismissed Monday by a federal judge who said GM had the right to block the sale of a company using its technology.... Read More »
Saab parent's $3 billion lawsuit versus GM thrown out by U.S. judgeJune 10, 2013 23:12 CET  Dutch sports car maker Spyker's $3 billion lawsuit accusing General Motors of trying to bankrupt Swedish automaker Saab was dismissed by a judge who said GM had the right to block the sale of a company using its technology.... Read More »
2013 EUROPEAN SUPPLIER CHOICE SURVEY BMW, VW and Volvo most open to supplier innovation, survey showsJune 10, 2013 06:01 CET  BMW, VW and Volvo have been recognized as the top-ranking automakers based on their openness to supplier innovation in the 2013 European Supplier Choice Survey. The Supplier Choice Survey is a respected industry benchmark that assesses automakers on their ability to adopt and implement suppliers' innovations.... Read More »
Volvo's global creative account is up for review 12:01 am U.S. ET | June 10, 2013 Volvo, which is controlled by China's Zhejiang Geely Holding Group Co., said it is seeking a global agency that can "focus and strengthen the brand communication worldwide." The incumbent creative shop, Arnold Worldwide, has been invited to defend the business.... Read More »
GREEN CARS Volvo to increase plug-in hybrid outputJune 7, 2013 19:04 CET  Volvo has revised upward its production forecast for the V60 plug-in hybrid due to higher-than-expected demand. Volvo plans to make 10,000 units of the low-CO2 model by the end of 2014, up from a previous target of 4,000 to 6,000. The company said sales are being driven partly by emissions-based tax breaks given to the car, which emits 48 grams per kilometer of CO2.... Read More »
Volvo puts creative business up for reviewJune 6, 2013 20:00 CET  Volvo Cars has put its global creative account into review. The Swedish automaker, controlled by China's Zhejiang Geely Holding Group, said it is seeking a global agency that can "focus and strengthen the brand communication worldwide."... Read More »
Volvo puts creative business up for review 2:00 pm U.S. ET | June 6, 2013  Volvo Cars has put its global creative account into review. The Swedish automaker, controlled by China's Zhejiang Geely Holding Group, said it is seeking a global agency that can "focus and strengthen the brand communication worldwide."... Read More »
Volvo tries to overcome late start in China; takes aim at BMW, AudiJune 4, 2013 06:01 CET  Three years after buying Volvo Cars, Chinese tycoon Li Shufu may get to compete with Audi and BMW on a more level playing field in his own country. Volvo will begin production this month at its first factory in China, allowing it to avoid the nation's 25 percent import tariff.... Read More »
Speck cites family ties in departure from Volvo 12:01 am U.S. ET | May 27, 2013  Doug Speck, the American who will step down as Volvo Car's global sales and marketing boss, says he's leaving to be near his family in the United States after two years in Sweden.... Read More »
Exec: Changes in Volvo program will pay off 12:01 am U.S. ET | May 27, 2013  Changes that Volvo Cars of North America made this year to its certified used-vehicle program have yet to pay off. But things are moving in the right direction, says Steve Golow, Volvo pre-owned car-line manager.... Read More »
Volvo marketing boss Speck is leaving; sales VP Visser named successorMay 24, 2013 16:03 CET  Doug Speck, Volvo's senior vice president for marketing, sales and customer service, is leaving his post effective July 1, the company said. Speck, 54, will be replaced by Alain Visser, 49, vice president of sales and marketing, the company added.... Read More »
Volvo marketing boss Speck is leaving; sales VP Visser named successor 10:03 am U.S. ET | May 24, 2013  Doug Speck, Volvo's senior vice president for marketing, sales and customer service, is leaving his post effective July 1, the company said today. Speck, 54, will be replaced by Alain Visser, 49, vice president of sales and marketing, the company said.... Read More »
GABE NELSON Audi gripes, but Tesla could be en route to niche-brand success 3:59 pm U.S. ET | May 20, 2013  Audi wants to be clear: Just because the Tesla Model S is outselling Audi's flagship A8 in the U.S. luxury sedan market, it does not mean Tesla Motors is beating Audi.... Read More »
Volvo jabs Germans, stresses sensible luxury 12:01 am U.S. ET | May 13, 2013  Volvo's new brand awareness campaign pokes fun at German competitors, touting Volvos as less flashy and more sensible.... Read More »
Volvo's operating profit slumps in 2012May 3, 2013 15:59 CET  Volvo aims to break even on an operating level this year without help from one-off gains that kept the carmaker in the black in 2012. Volvo's operating profit fell to $2.76 million in 2012.... Read More »
SHANGHAI AUTO SHOW Volvo CEO: Luxury car clashes with image 12:01 am U.S. ET | April 29, 2013 Volvo will not develop a flagship sedan to challenge the BMW 7 series, Mercedes-Benz S class or Audi A8. Volvo CEO Hakan Samuelsson said such a flagship doesn't fit Volvo's green image.... Read More »
Detroit Electric, Geely to develop EVs, electric drivetrains for China 4:09 pm U.S. ET | April 25, 2013  Geely Automobile Group and startup automaker Detroit Electric have agreed to develop electric vehicles and electric drivetrains for sale in China.... Read More »
Volvo CEO says making S-class rival would contradict brand's imageApril 22, 2013 10:29 CET  Volvo won't develop a sedan to challenge the BMW 7 series, Mercedes S class and Audi A8 as it doesn't fit the carmaker's green image or the demands of its customers, CEO Hakan Samuelsson said.... Read More »
Volvo CEO sees more tough times for EuropeApril 19, 2013 09:05 CET  Volvo CEO Hakan Samuelsson is bracing for more tough times in Europe, where the automaker's sales fell 15 percent in the first quarter. Samuelsson expects growing sales in China and a rebound in the United States will result in flat overall vehicle sales for the year.... Read More »
Volvo to report big operating loss in China, paper saysApril 18, 2013 11:07 CET  Volvo is set to report an operating loss in China for 2012 of between 2 billion to 4 billion Swedish crowns ($308 million to $615 million) as weak car sales and a costly new factory weighed on results, a Swedish daily newspaper reported on Thursday.... Read More »
Volvo, Costco partner to sell 2013-14 lineup 3:48 pm U.S. ET | April 12, 2013  Volvo Cars of North America is teaming up with Costco to allow the warehouse club's members to purchase or lease models from the automaker's 2013-14 lineup at prearranged pricing.... Read More »
APRIL FOOLS' NEWS Today's innovations: In-vehicle hair care, dating app, more 2:31 pm U.S. ET | April 1, 2013  The auto industry was full of revolutionary technology and new product announcements today. Honda and BMW said they are carving out new niches by putting hair-care and dating technologies at busy drivers' fingertips. Subaru announced a new BRZ variant and Volvo heralded a new safety system.... Read More »
NEW PRODUCT Volvo will launch XC90 successor next yearMarch 27, 2013 16:08 CET  Volvo will introduce a successor to the XC90 in late 2014, CEO Hakan Samuelsson said. The model will be the first all-new vehicle launched by Volvo as a unit of China's Zhejiang Geely Holding Group.... Read More »
2013 NEW YORK AUTO SHOW Volvo to re-enter wagon market with V60 in early '14 8:00 am U.S. ET | March 27, 2013  Volvo will return to the U.S. station wagon market in early 2014 after a two-year hiatus with the V60. Volvo decided not to offer the compact V60 in the United States when the vehicle was redesigned for the 2011 model year. But dealers have been lobbying for the wagon because of its appeal in Europe -- where the styling has been popular -- and a general shift among U.S. consumers toward smaller, more fuel efficient vehicles.... Read More »
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 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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