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  Volvo recalls 736000 cars around the world due to braking system failure

  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.

  Volvo 2020-03-19
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  Volvo executives refute rumors!

  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

  Wall Volvo Automotive Geely Group Global China China Greater China sales Vice President President sales Senior 2023-08-25
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  The share price fell 11%! Geely Holdings announces sale of a small stake in Volvo

  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

  Wall Volvo cars Geely models holdings markets sales Sweden brands electric announcements global manufacturing investment 2023-11-18
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  Heavy! Volvo announces it will stop producing diesel 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.

  Wall Volvo cars models Market Electric sales Diesel New Energy sales Diesel Global Brand production Climate 2023-09-20
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  Volvo plans to raise 18.5 billion yuan and Volvo will be listed in Sweden

  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.

  Volvo 2021-10-05
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  Volvo's global sales fell 9.7% in January compared with the same period last year.

  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.

  Volvo 1 2020-02-05
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  Volvo officially listed in Sweden

  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 2021-10-29
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  Restart IPO after three years, Volvo may be listed in Sweden within this year

  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.

  Volvo 2021-05-14
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  Volvo's sales in China rose 26.7% in November compared with the same period last year, surpassing the annual sales in 2018.

  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.

  Volvo 2019-12-06
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  Volvo Greater China executives quit!

  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

  Wall Volvo Automotive China Greater China sales models China Company Management Global team Electric cars 2023-08-18
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  Volvo's sales in China fell 19.5%!

  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.

  Wall Volvo cars markets models electric sales brands China luxury electric cars electrical electrified traditional global 2023-02-04
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  Import direct introduction! Volvo C60 starts at 267000 yuan

  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.

  Wall Volvo cars models markets sales sales models aspects China battery life global price electric maximum 2022-07-05
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  Volvo withdrew from internal combustion engine R & D and manufacturing, and all shares were sold to Geely Holdings.

  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.

  Wall Volvo Automotive Electric Geely Power Company Model sales Renault Global Market Hybrid Business Systems 2022-11-09
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  Volvo domestic models stop being exported to Europe and the United States

  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.

  Volvo car 2020-07-23
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  Volvo sales plummeted in May! Sales in China are down 43.8% year on year, ​

  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

  Wall Volvo sales cars markets brands China growth global impact luxury data months consumption Geely 2022-06-03
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  Volvo said: shortage of parts will limit the production of electric 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.

  Electric car electric Volvo 2019-05-16
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  Volvo S60 is officially listed, can it become the main force of Volvo's new sales?

  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.

  Volvo S60 2019-12-13
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  Volvo's global sales announced that the Chinese market grew by 46% year-on-year.

  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%.

  Wall Volvo cars markets models brands electric luxury growth sales sales traditional new energy electricity China 2023-05-04
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  It's still a family! Former Volvo executives join Geely

  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.

  Auto Wall Volvo sales Geely Group China Greater China Company Market New Energy Auto Show Vice President Development 2023-08-21
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  Volvo officially released its May sales report, showing an upward trend around the world.

  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.

  Premium 2019-06-05