Volvo Car Group announces May global sales up 13.4 per cent

The positive momentum continued for Volvo Cars in May with retail sales of 40,449 cars, up 13.4 per cent compared to the same month last year, driven by a strong performance in several key markets.

China set a new sales record for a single month with 7,104 cars sold

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Volvo tests road magnets for accurate positioning of self-driving cars

Volvo Car Group has completed a research project using magnets in the roadway to help the car determine its position. The research, which has been financed in strategic co-operation with the Swedish Transport Administration (Trafikverket), is

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Volvo Car Group starts series production of the Volvo S60L at Chengdu manufacturing plant

Volvo Car Group (Volvo Cars) officially started series production of the Volvo S60L at its manufacturing plant in Chengdu, China. The production start is another important milestone in Volvo Cars' transformation journey and the establishment of China

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Volvo Car Group's new connectivity system receives 2013 Red Dot Design Award

A jury of international designers and design experts has awarded Volvo Car Group's new connectivity system Sensus Connected Touch gives the Volvo owner outstanding possibilities, earning it the prestigious 2013 Red Dot Design Award.

"Our connectivity solutions are designed

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Volvo Cars' September global sales up 13.5 per cent, strong growth in Europe and China

China became Volvo Car Group's (Volvo Cars) number one market in September with 5,719 retail sold cars, representing an increase of 48.6 per cent. The best-selling model was the Volvo XC60 with 2,482 sold cars - a new sales record for an individual month - while the V40

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Volvo S60 and XC60 get superior rating in new test of front crash prevention systems

Volvo Car Group's position at the pinnacle of car safety is again highlighted with the US Insurance Institute for Highway Safety (IIHS) introducing a new test programme that rates the performance of front crash prevention systems. Both the Volvo S60 and XC60

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Volvo Car Group signs financial agreement with BNP Paribas

Volvo Car Group (Volvo Cars) has extended its core relationship bank group with BNP Paribas, who join the credit facility provided by a European bank group at a ticket of EUR 60-million.

The unsecured revolving credit facility now totals EUR 360-million with maturity

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Volvo Car Group announces August global sales up 4.7 per cent

Volvo Car Group (Volvo Cars) reports global retail sales of 26,998 cars for the month of August, an increase of 4.7 per cent compared to August 2012. The positive momentum continues in China where sales grew by 65.7 per cent, while Europe and overseas markets

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Volvo Car Group reports global retail sales of 40,939 vehicles in June

Volvo Car Group reports global retail sales of 40,939 cars for the month of June. China grew by no less than 74 per cent to 5,798 cars - a new sales record - and by 34.3 per cent for the first six months. Also, the Volvo XC60 model had its best sales month ever with 10,961 sold

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Volvo Car Group demonstrates the ingenious self-parking car

Volvo Car Group has developed an ingenious concept for autonomous parking. The concept car finds and parks in a vacant space by itself, without the driver inside. The smart, driverless car also interacts safely and smoothly with other cars and pedestrians in the

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Volvo Cars creates new joint function for purchasing and manufacturing

Volvo Car Group (Volvo Cars) will establish a new global purchasing and manufacturing function in order to reduce complexity and costs. The new organisation will also create more distinct governance, quality assurance and cost control throughout the entire

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Volvo Cars partner of 2013 Fortune Global Forum in Chengdu

Volvo Car Group (Volvo Cars) will be an official partner of the 2013 Fortune Global Forum, to be held in Chengdu, China from June 6-8. As part of the partnership agreement, Volvo Cars will provide a fleet of Volvo S80L cars to the organisation that will be used as courtesy cars for

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Carl-Peter Forster appointed Member of the Board of Directors of Volvo Car Group

Carl-Peter Forster has been appointed a new member of the Board of Directors of Volvo Car Group (Volvo Cars).

Carl-Peter Forster has a long and broad experience in the car industry. He was President of General Motors Europe from 2004 to 2009. In 2010, he was appointed

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Volvo Car Group announces global December retail sales; 7.2 per cent down

Volvo Car Group (Volvo Cars) reports global retail sales of 38,555 cars for the month of December, representing a 7.2 per cent decline versus December 2011. Sales increased significantly in the United States and Sweden, driven by strong demand for the Volvo V40, S60,

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Volvo Car Group research partner in newly opened Chinese-Swedish research centre for traffic safety

Representatives of Volvo Car Group (Volvo Cars) attended the official inauguration of the China-Sweden Research Centre for Traffic Safety in Beijing, China. Volvo Cars has been actively involved in the establishment of the Research Centre, underlining the company's

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Volvo Car Group and Ericsson join forces to deliver global connected car services

Volvo Car Group (Volvo Cars) and Ericsson will jointly advance the technical development of industry-leading innovations for automotive internet services. Volvo Cars' expertise in driver behavior and traffic security requirements, along with Ericsson's consulting

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Volvo Car Group signs loan agreement with China Development Bank

Volvo Car Group (Volvo Cars) and China Development Bank have signed a loan agreement under the umbrella of the strategic partnership, as announced in the Memorandum of Understanding of April 24, 2012.

The loan agreement is testament to China Development Bank's

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Volvo Car Group reduces December production volume in Torslanda and Ghent plants

Volvo Car Group (Volvo Cars) has decided to lower its December production volumes in the Torslanda and Ghent plants.

This reduction will be realised through a number of production-free days and the removal of a number of work shifts. In the Torslanda plant, there

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Volvo Car Group appoints new President and CEO

The Board of Directors of Volvo Car Group has appointed Hakan Samuelsson, currently Board member, as new President & CEO effective immediately. Stefan Jacoby will leave Volvo Car Group* after an amicable agreement with the Board of Directors.

"I see major

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