Monthly Archives: February 2020

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Volvo Cars introduces refreshed S90 and V90 models, mild hybrid powertrains across entire line-up

2020-02-26T11:21:37+02:00February 26th, 2020|

Volvo Cars today reveals refreshed versions of the S90 sedan and the V90/V90 Cross Country estate models, including a refined exterior design and a brand new, state-of-the-art sound system by Bowers and Wilkins. In a broader portfolio upgrade, the company’s 48 volt mild hybrid powertrain options are now available on every Volvo model, further boosting [...]

Volvo Cars reports improved SEK14.3 billion operating profit for full year 2019

2020-02-26T11:12:04+02:00February 26th, 2020|

Volvo Cars today reports that revenue for 2019 rose by 8.5 per cent to SEK274.1 billion, compared to revenue of SEK252.7 billion in 2018. Operating profit for the full year 2019 improved to SEK14.3 billion, an 0.8 per cent increase compared to SEK14.2 billion in 2018. Cash flow more than doubled compared to 2018 to [...]

SUV success drives Volvo Cars to sixth straight sales record and beyond 700,000 cars

2020-02-26T11:07:42+02:00February 26th, 2020|

Volvo Cars has set a new, sixth consecutive global sales record in 2019, breaking the 700,000 cars sold mark for the first time in its 93-year history. The company recorded sales of 705,452 cars in 2019, an increase of 9.8 per cent compared to 2018, solidly outgrowing the overall market across all regions. The new [...]

Volvo Cars reports 11.6 per cent global sales growth in November

2020-02-26T10:53:27+02:00February 26th, 2020|

Volvo Cars maintained a strong sales momentum in November, with global volumes up 11.6 per cent, compared with the same period last year. The company sold a total of 62,550 cars during the month as it continued to grow faster than the industry in all three regions of US, China and Europe. For the January [...]