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Safety performance has always been a major image and selling point of the Volvo brand, but Volvo's performance in safety performance in recent years has turned this selling point into a "bright spot" for complaining. Volvo recently launched a global recall because of an emergency braking system failure. According to media reports, Volvo will recall 736430 vehicles worldwide due to emergency system failures, including sedan Volvo S60, Volvo V60, Volvo V60CC, Volvo S90, Volvo V90 and Volvo.
Yuan Xiaolin, senior vice president of Volvo Automotive Group worldwide, president and CEO of Asia Pacific, responded to personnel changes for the first time in an interview with the media on August 24. "it seems sudden, but this is a normal personnel transfer," he said. "there is no such thing as' China and Switzerland'. We are on the other side." August
On November 17, Zhejiang Geely Holdings Group (hereinafter referred to as "Geely Holdings") issued an announcement to reduce its stake in Volvo cars by 3.3%, and Geely Holdings's stake in Volvo cars fell from 82% to 78.7%. Geely Holdings explained in the announcement that in order to further improve Volvo cars
Recently, according to media reports, Volvo announced at New York Climate week that it would stop producing diesel cars in early 2024. In addition to stopping diesel production, Volvo plans to become a pure electric car brand by 2030 and climate neutral by 2040. Volvo stopped this time.
Volvo plans to IPO and list on the Nasdaq Stockholm Stock Exchange, and its new shares will raise a total of about 25 billion Swedish kronor (18.5 billion yuan), Volvo's official website said on Oct. 4. On IPO, Volvo CEO Hanken Samuelson said, "the decision to move forward with IPO will help enhance our brand and accelerate the transformation strategy of fully electrified, user-directed and higher levels of security. This will help the company achieve continuous growth in sales, revenue and profitability. " Volvo said the Nasdaq Stockholm deal.
Today, Volvo announced its official listing on the Stockholm Stock Exchange in Sweden. The trading symbol is "VOLCAR B" with an opening price of SEK 58.75 and an offering price of SEK 53 per share. As early as Oct. 4, Volvo issued a statement that it plans to conduct an IPO and list on the Nasdaq Stockholm Stock Exchange. According to Volvo's official announcement, the IPO raised 18.5 billion yuan, or about $2.87 billion. Regarding the listing, Volvo CEO Hanken Samuelson said, "the decision to promote IPO will help enhance our brand, and."
Volvo, a second-tier luxury brand, is the first to release the latest global sales figures. According to the data, Volvo sold 45752 new cars worldwide in January 2020, down 9.7% from a year earlier. It means Volvo "lost" in the first month of the new year. Volvo blamed the decline in new car sales on a decline in the European market due to changes in the Swedish tax system, as well as a decline in sales in China. According to Volvo, the new tax system introduced in Sweden since January 2020 has led to a 31.9% drop in Volvo's monthly sales in Sweden.
On May 13, Volvo officially announced that its board of directors had decided to re-evaluate the possibility of IPO, which is expected to be listed on the Stockholm Stock Exchange of Sweden later this year. However, the final decision on listing depends on the market environment, and there is no guarantee that the listing will take place. This is not the first time Volvo has heard the news of IPO. Volvo started the process of listing in 2018, hiring top investment banks, including Citigroup, Goldman Sachs and Morgan Stanley, to coach Volvo. At that time, Geely valued Volvo at $160-30 billion, while Volvo was given 120.
On December 5, Volvo released the latest sales figures for November. Volvo continued its October sales growth trend and achieved sales growth again in the grim environment of the car market. Volvo sold 62600 passenger cars worldwide in November, up 11.6% from a year earlier, according to Volvo sales figures, which totaled 631200 vehicles from January to November, up 8.4% from a year earlier. In terms of specific market segments, the European market is the main sales market for Volvo cars. Volvo sold 29300 cars in November, up 5.3% from a year earlier.
Martin Persson, the current general manager of Volvo Motor Japan, returned to China as general manager of the Greater China sales company, reporting to Chief Business Officer Bjorn Annwal. In the official language
According to the official release of Volvo Automobile Group, Volvo sold 48520 vehicles worldwide in January 2023, up 2.0 per cent from a year earlier. Affected by the Spring Festival holiday, Chinese mainland has become the only market for Volvo to decline. Data show that Volvo sold 11783 vehicles on Chinese mainland in January, down from a year earlier.
Volvo's new compact SUV-- Volvo C40 officially launched on July 5, with a total of three models: long-lasting version, long-lasting version PRO and four-wheel drive high-performance version PRO, with a direct selling price range of 26.70-328000 yuan. It is understood that the Volvo C40 started in 2021.
On November 8, 2022, Volvo announced that its strategic direction is to achieve full electrification by 2030 and shape the future of mobile travel. To this end, Volvo will divest its 33% stake in Aurobay to Geely Holdings. The announcement pointed out that the divestment is Volvo.
In addition to supplying the domestic market, Volvo's cars produced in China are also exported to Europe and the United States and other countries, including S60, S90, XC40 and XC60. With the change of the business environment, Volvo announced that its export business would stop, and the cars produced in China would be sold only for the domestic market. According to foreign media reports, Volvo CEO Hanken Samuelson said that Volvo will no longer export Chinese-made cars to the United States or Europe because of the trade dispute between China and the United States. At the same time, he also revealed that Volvo's cars made in China will only be sold in China. Volvo's domestic models in China have always been produced.
On June 2nd, Volvo released its latest sales figures: Volvo sold 45952 vehicles worldwide in May, down 28.3% from 64111 in the same period last year. In May, Volvo sold 18752 vehicles in Europe, down 24.3% from a year earlier, while sales in North America were
Recently, Volvo officially released its May sales figures. Volvo sold 60196 vehicles globally in May, up 12.4 per cent from a year earlier. Among them, the domestic cumulative sales in May was 12425, up 17.4% from the same period last year, and the domestic cumulative sales from January to May was 54503, up 9.5% from the same period last year. Volvo is not only a single month of sales, but also annual cumulative sales are increasing, and even other regions are showing an upward trend, which is really good. Volvo's sales in Europe also increased by 16.9% in May, totaling nearly 30,000 vehicles.
Volvo hopes to reach an agreement with Asian suppliers to complete the supply of Volvo car batteries, which will solve Volvo's difficulties in electrification strategy. Samuelson, Volvo's chief executive, said production was limited because hybrid models needed more inverters, batteries and other equipment such as chargers. Samuelson also said that Volvo currently accounts for 10% of Volvo's global sales of plug-in hybrids, which is still relatively high. Volvo predicts that hybrid models will continue to grow substantially by the end of this year, accounting for 20-25%. It was in 2017.
On the evening of December 12, Volvo announced the official launch of the new generation S60, with a total of T3, T4, T5, T6 and other models, including five fuel models and two hybrid models, with a new car guidance price of 286900 yuan to 461900 yuan. In terms of safety performance, S60 is equipped with intelligent safety configurations such as City Safety urban safety system, road deviation prevention and protection system, LKA lane maintenance assistance and so on. The new S60 is based on Volvo's latest SPA platform and is the third generation of the S60 series. From the outside, the new S60 is commonly used by the Volvo family.
Yang Xueliang, senior vice president of Zhejiang Geely holding Group, announced on his personal Weibo that Qin Peiji, former president of Volvo Greater China, will join Geely as deputy general manager of Geely Automobile Group sales company. and is responsible for serving as the director of the Group Channel Development Committee, in charge of channel development and construction of the Automobile Group.
According to the official release of Volvo Automobile Group, Volvo's global sales in April 2023 were 51976, an increase of 10% over the same period last year. The United States is the only market showing a decline, falling 4% to 9611, while China is Volvo's largest growth market, with an increase of 46% to 12%.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
Deadlock! Volkswagen may face mass strike
Many BMW 4S stores are running away! Fujian Consumer Council named
Chicken feathers all over the ground! A total of 570 million yuan has been executed by the giant 4S store giant group
It really looks like this! New BMW iX3 patent map exposed
Another family! Ford officials announce layoffs of 4000 people
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