Volvo Cars reports third quarter and first nine months 2018 results

Volvo Cars reports third quarter and first nine months 2018 results   CEO Håkan Samuelsson:   Volvo Cars’ growth remained strong in the third quarter with a 14 per cent increase in retail sales and an 18 per cent revenue increase. Compared to last year, the profitability was influenced by product launch costs, higher tariffs… Continue reading Volvo Cars reports third quarter and first nine months 2018 results

Volvo Cars Tech Fund invests in electric car charging company FreeWire

Volvo Cars Tech Fund invests in electric car charging company FreeWire   Volvo Cars has acquired a stake in electric car charging company FreeWire Technologies via the Volvo Cars Tech Fund, deepening the company’s commitment to a fully electric future.   While Volvo Cars’s electrification strategy does not envision direct ownership of charging or service… Continue reading Volvo Cars Tech Fund invests in electric car charging company FreeWire

Volvo Cars CEO Håkan Samuelsson extends contract to 2022

Volvo Cars CEO Håkan Samuelsson extends contract to 2022   Volvo Cars has extended the contract of chief executive and president Håkan Samuelsson by another two years to 2022. The extension provides the company with management continuity as it continues to transform itself into a global and diversified mobility service provider.   “I have enjoyed… Continue reading Volvo Cars CEO Håkan Samuelsson extends contract to 2022

Volvo 360c concept calls for universal safety standard for autonomous car communication

Volvo 360c concept calls for universal safety standard for autonomous car communication   With its new 360c autonomous concept, Volvo Cars tackles one of the main challenges around the introduction of autonomous technology and calls for a new, global standard in how autonomous vehicles can safely communicate with all other road users.   Autonomous drive… Continue reading Volvo 360c concept calls for universal safety standard for autonomous car communication

Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities

Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities   Where would you live if you could commute each workday in an autonomous driving, fully-functional, connected, comfortable, mobile office space? What if the service was provided via an on demand subscription basis? Or what if it was provided by… Continue reading Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities

Volvo Cars’ new 360c autonomous concept: why fly when you can be driven?

Volvo Cars’ new 360c autonomous concept: why fly when you can be driven?   Imagine a world in which you travel long distances without the need for airports. A world in which you can avoid airport security, hours of queuing and waiting, and noisy, cramped airliners. What if, instead, you could take your own first-class… Continue reading Volvo Cars’ new 360c autonomous concept: why fly when you can be driven?

Volvo Cars appoints new members to the Board of Directors

Volvo Cars appoints new members to the Board of Directors   Volvo Cars has appointed Michael Jackson and Jim Zhang as members of its Board of Directors. Mr Jackson, based in Luxembourg, is currently a Board Member at AXA UK PLC, KNEIP Communications and Blockchain SA. He is also a partner at Mangrove Capital and… Continue reading Volvo Cars appoints new members to the Board of Directors

Volvo Cars reports record operating profit of SEK 4.2bn for the second quarter of 2018

Volvo Cars reports record operating profit of SEK 4.2bn for the second quarter of 2018   Volvo Cars today reported its highest ever quarterly operating profit of SEK4.2 billion for the second quarter of 2018, an increase of 28.6 per cent compared with the same period last year driven by a strong increase in global… Continue reading Volvo Cars reports record operating profit of SEK 4.2bn for the second quarter of 2018