GÖTEBORG, Sweden, April 22, 2022 /PRNewswire/ — “Economic activity continued to be good in Q1 2022 with high transport volumes and good construction activity in most markets. We increased sales and improved profitability. Our net sales grew by 12% to SEK 105.3 billion. The high business activity combined with our growing service contract portfolio resulted in… Continue reading Volvo Group – the first quarter 2022
Tag: Volvo
Range Rover relies on smart digital lighting from ZKW
Intelligent LED headlights provide glare-free high beam and can project animations onto the road WIESELBURG, Austria, April 20, 2022 /PRNewswire/ — The all-new Range Rover illuminates the road with a new type of lighting system from ZKW. The “Digital Light Processing” LED headlights not only produce stepless, glare-free high beams that automatically block out oncoming or… Continue reading Range Rover relies on smart digital lighting from ZKW
Volvo invests in electric car battery developer StoreDot
Volvo has anmounced it is investing in StoreDot, an Israeli company developing fast-charging battery technology for electric cars. StoreDot has previously said it is working on technology that could result in batteries that can charge up to 99 miles of pure electric range in five minutes. The partnership could mean StoreDot’s technology could hit the… Continue reading Volvo invests in electric car battery developer StoreDot
@Geely-Volvo: Invitation to Volvo Cars’ presentation of the first quarter 2022
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Volvo Cars Tech makes strategic investment in StoreDot
Volvo Cars, through Volvo Cars Tech Fund has made a strategic investment in Israel-based StoreDot, which is working on extreme fast charging technologies for electric vehicles. Meir Halberstam, CFO, StoreDot said “We are moving closer to the mass production of our batteries and this investment from Volvo Cars Tech Fund is yet another huge vote… Continue reading Volvo Cars Tech makes strategic investment in StoreDot
@Geely-Volvo: Volvo Cars Tech Fund invests in battery technology pioneers StoreDot
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New Vehicle Prices Ease Down But Still Straddle Above MSRP
New-vehicle average transaction price changes month-over-month by segment saw only cars increasing and all other segments decreasing. Source: Cox Automotive New-vehicle average transaction prices (ATPs) decreased to $45,927 in March 2022 after reaching a record high in December 2021, according to new data released April 11 by Kelley Blue Book. Prices fell 0.3% ($156) month… Continue reading New Vehicle Prices Ease Down But Still Straddle Above MSRP
New Jaguar F-Pace 300 Sport and 400 Sport models introduced for 2022
Two new additions for the Jaguar F-Pace SUV line-up have been revealed for 2022, adding a pair of new sub-SVR range-topping models to the brand’s Volvo XC60 and BMW X3 rival. Called 300 Sport and 400 Sport, the new duo are priced from £62,250 and £68,520 respectively, which means that only the 5.0-litre V8 supercharged… Continue reading New Jaguar F-Pace 300 Sport and 400 Sport models introduced for 2022
Volvo sales will be 10 per cent electric cars in 2022
Volvo expects one in 10 of the cars it sells in 2022 to be pure electric, almost doubling the percentage share of zero-emissions vehicles it sold in the final quarter of last year. The Swedish brand’s round-up of financial results revealed that amid a record year for revenue, 34 per cent of Volvo’s sales in… Continue reading Volvo sales will be 10 per cent electric cars in 2022
Volvo launches online sales platform for used cars
Volvo has launched a new online sales platform for used cars, offering second-hand models directly from the manufacturer with guarantees on quality. The platform, dubbed Volvo Cars Selekt Direct, allows customers to use a computer, smartphone or tablet to search for, select and pay for a used car in a single end-to-end service, available at… Continue reading Volvo launches online sales platform for used cars