August 6, 2013 by Joey Wang
Volvo Car Group reported on Monday that the company’s global sales increased by 14 percent in July compared to the same month of last year thanks to the substantial growth in China and Europe.
Retail sales of Volvo cars in July amounted to 33,650 cars in total, while the sales in China rose by 61.6 percent to 4,640 cars in July, according to a press release from the company.
August 5, 2013 by W.E. Ning
The second Volvo plant in China has been approved by Chinese authorities.The plant is located in the city of Daqing in China’s north eastern Heilongjiang Province. The Daqing plant is expected to be completed this year and start production at the beginning of 2014.
July 3, 2013 by Tycho de Feijter
The very first spy shots of the all-naked Volvo S60L in China. The Volvo S60L is stretched by 8 centimeter (earlier reports said 12 centimeter) in the middle for more space in the back. The Volvo S60L will debut on the Chengdu Auto Show in September and it will be launched on the Chinese car market before the end of the year.
June 5, 2013 by W.E. Ning
Chinese-owned Swedish automaker Volvo Car Corp expects to be selling 200,000 cars a year in China by 2018, a senior executive said, two years ahead of its latest target and as a new assembly plant gears up for full production later this year.
The sales target is part of Volvo’s plans announced two years ago following its acquisition by Zhejiang Geely Holding Group Co – plans that see China’s growing appetite for premium cars helping more than double Volvo’s annual global sales to 800,000 cars by 2020 from 373,000 sold in 2010.
April 20, 2013 by Tycho de Feijter
The new Volvo V40 has been launched on the China car market, price starts at 239.900 yuan and ends at 325.900 yuan. The Volvo V40 Cross Country will follow later this year. The China-bound Volvo V40 will only be available with the 2.0 turbo 5-cylinder engine, good for 178hp and 300nm.
April 5, 2013 by Tycho de Feijter
The Volvo V40 will be launched on the Chinese car market on April 16, priced between 240.000 and 320.000 yuan. The Volvo V40 Cross Country will follow later this year. The China-bound Volvo V40 will only be available with the 2.0 turbo 5-cylinder engine, good for 178hp and 300nm.
March 31, 2013 by Joey Wang
Swedish automaker Volvo Car will introduce its first all-new vehicle as a unit of China’s Zhejiang Geely Holding Group Co Ltd in late 2014, Volvo Chief Executive Hakan Samuelsson said on Wednesday.
The new model will be a successor to the Volvo XC90 crossover vehicle, Samuelsson told Reuters on the sidelines of the New York auto show. Volvo is also jointly developing with Geely a new compact platform for smaller models, some of which will be built at a new Volvo plant in Chengdu, China, he said.
March 29, 2013 by Joey Wang
This is the very first spy shot of the Volvo S60L sedan testing in China. The Volvo S60L is a stretched variant of the European Volvo S60, it will be made in the new Geely-built Volvo factory in Chengdu in Sichuan Province, production will start in October.
March 19, 2013 by Joey Wang
Volvo Car’s new manufacturing plant will begin production in June in Chengdu, capital of Sichuan province in Southwest China, China Business News reported Monday citing sources within the industry. The first model to be made in the factory is the new S60L, a stretched variant of the Volvo S60, which is set to roll off the assembly line in large-scale production by October.