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Volvo reported net sales of 98.7 billion Swedish kronor in the third quarter of 2019, up 6.5 per cent from a year earlier. After adjusting for exchange rate movements, net sales increased by 2%. The adjusted and reported operating profit was 108.9 Swedish kronor (about 8 billion yuan), an increase of 6.2% over the same period last year, and the operating profit margin reached 11%. On October 16th, Volvo released its 2040 Environmental Plan, which aims to develop the company into a global zero-load benchmark enterprise by 2040. As a first step towards achieving this goal, the company plans to achieve this goal between 2018 and 2025.
On April 7, Volvo released production and sales figures for the first quarter of 2020, selling a total of 13.19 new cars worldwide from January to March, down 18.2% from a year earlier. In March, Volvo sold a total of 46400 new cars worldwide, down 31.2 percent from a year earlier. As for the reason for the sharp decline in sales, it is mainly because the current epidemic in Europe and the United States is in a state of outbreak, car production and car consumption are subject to certain restrictions. Specifically, Volvo's cumulative sales in the European market fell 18.5% year-on-year to 70500 vehicles in the first quarter, including a 35.0% year-on-year decline in March.
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.
is affected by the persistence of COVID-19 's epidemic, and the US auto market still maintains a downward trend. Contrary to the Chinese market, the US luxury market also tends to be in the doldrums this year, resulting in a decline in the sales of a number of luxury brands and a decline in the overall market performance.
According to media reports, a Volvo spokesman recently said that the company plans to build a third plant in Europe between 2025 and 2026 to achieve its target of producing 1.2 million vehicles a year. At present, Volvo has two plants in Europe, in Sweden and Belgium, which produce 800000 vehicles a year, and a Volvo spokesman said he hopes to further expand car production. With the continuous rise of new energy vehicles around the world, many car companies have also advanced the electric layout. According to relevant data, the market share of new energy vehicles in China has exceeded 10%. The Chinese market has been.
Although the rapid growth rate of China's auto market has basically ended, the market has declined for two consecutive years compared with the same period last year, but the luxury brand market has bucked the trend in 2019. In the face of the growing advantages of domestic luxury brands, the Volvo brand has once again promoted the domestic plan of its flagship models. According to foreign media recently exposed a news that Volvo will replace its flagship model XC90. The document, which comes from a Volvo parts supplier, mentions that the company's future cooperation projects will be 536US, 536 Chinese models. According to Volvo's internal code rules, the three digits of 536 are substituted separately in order.
Under the background of the gradual high-end of domestic automobile brands, the sales competition between luxury brands has been concerned by the industry. Especially after entering 2020, under the test of the epidemic and the general trend of the automobile market, the competition among brands such as Red Flag, Lexus, Cadillac and Volvo has become more obvious. Some time ago, we reported the latest situation of three luxury brands, Red Flag, Volvo and Lincoln. According to the September sales data, Red Flag, Volvo and Lincoln all achieved year-on-year sales growth. In addition to the above three luxury brands, Lexus and Cadillac also released the latest sales in September.
Coincides with the "Golden Nine" traditional peak season, September passenger cars still maintain a growing trend, in which the luxury car market continues to be stronger, a number of brands have achieved a sharp rise in the same month compared with the same period last year. The luxury car market grew 33% in September from a year earlier, up 5% from July, and its market share remained at an all-time high of about 15%, according to a report by the federation of passengers.
As we all know, Geely, a leading domestic car company, and Volvo, a multinational luxury brand, announced plans for a merger in February this year. After the merger, Geely will also become a multinational car company, but due to some factors, the two sides suspended the merger plan until recently re-announced that they would resume negotiations.
Due to the impact of the COVID-19 epidemic, global automakers experienced a dismal first half of the year, resulting in a sharp decline in sales, operating income and profits, and even into a loss-making state of operation. According to incomplete statistics, more than a dozen automakers have reported losses in the first half of 2020, including Volkswagen, Renault, Nissan, General Motors, Volvo, Daimler and so on. Volkswagen Group: loss 11.5 billion July 30 Volkswagen Group announced results for the first half of 2020: sales revenue of Volkswagen Group was 96.1 billion euros, down 23.2% from the same period last year; pre-tax profit loss was 1.4 billion euros (about people.
3/4 of 2020 has passed in a twinkling of an eye. According to the announcement of the State Administration of Market Supervision and Administration, the domestic automobile market issued 25 recall notices in the third quarter, involving 21 brands, a total of 1.108 million defective vehicles were recalled, down 56.3% from the same period last year. From the recall point of view, mainly concentrated in the airbag and electric fuel pump two major failures. The recall brands are mainly concentrated in Volvo, Buick and Chery, with Buick GL8 topping the list with 250000 single-model recalls and Chery Tiger 5X second with 200000 recalls. In addition, the Great Wall is also due to.
Geely, a high-end electric brand, plans to expand its dealership stores in China to boost sales and expand new cars in the Chinese market, according to media reports.
As a wholly-owned subsidiary of Geely holding Group, Volvo inevitably suffered a huge impact under the spread of the global epidemic, and suffered operating losses in the first half of the year. On July 21, Volvo released its first-half results, with revenue of 111.8 billion Swedish kronor in the first half of 2020, down 14.1 percent from a year earlier, and an operating loss of 989 million Swedish kronor, compared with a profit of 5.519 billion Swedish kronor in the same period last year. The net loss was 1.171 billion Swedish kronor (about 920 million yuan), down 134.5 percent from the same period last year. Volvo car after Geely holding Group took over.
According to the recall announcement issued by the defective Product Management Center of the State Administration of Market Supervision and Administration, a total of 11 batches of recall notices were issued in September 2023, recalling a total of 1.2069 million defective vehicles, an increase of 599.86% over the same period last year and a new high since February 2022. In addition
one
Due to the shortage of cores, a number of automobile companies around the world have publicly indicated that they will reduce or stop production since 2020. Recently, foreign media reported that Volvo, one of the global multinational car companies, will also stop production for a period of time due to lack of core, including China and the United States.
According to the official release of Volvo Automobile Group, Volvo sold 615121 vehicles worldwide in 2022, down 12.0% from the same period last year, including 727663 in December 2022, up 12.8% from the same period last year. Chinese mainland is Volvo's largest single market in the world.
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
On May 4, Lincoln China released the latest sales figures, showing that it sold more than 7900 vehicles in China in April 2021, an increase of 119% over the same period last year, of which the "domestic three Musketeers" sold a total of 6800 vehicles. Combined with previous sales, Lincoln China accumulated sales of 19517 vehicles in the first quarter, together with April sales, Lincoln China accumulated sales of more than 27417 vehicles in 2021. The "domestic three Musketeers" is the source of Lincoln's sales in China. March 2020, Changan Lincoln's first domestic model adventurer officially listed, the price is 24.68-345800 yuan, the power is equipped with 2.0T engine, transmission.
PICC Research Institute of Automotive Technology Co., Ltd. (referred to as "Zhongbao Research") is led by the China Insurance Industry Association in March 2015, jointly funded by eight property insurance companies and Jingyou Century Co., Ltd. shares in the original "Beijing PICC Research Institute of Automotive Technology", is a company with automobile safety performance, repairable performance, maintenance accessories and man-hour standard research as the main business limited company. From the above information, it can be seen that China Insurance Research represents the interests of insurance companies, not manufacturers, so China Insurance Research is particularly strict in collision testing. Recently, the China Insurance Research Institute released a summary of car collision results, each.
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
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