Volvo Cars global sales continued to grow at a steady pace in July, up 7.1 per cent compared with the same period last year. Total sales during the month reached 54,546 cars, as all the regions of China, US and Europe reported a growth in volumes. In the January to July period Volvo’s total sales [...]
Volvo Cars has made investments in two promising Israeli technology start-ups through the Volvo Cars Tech Fund, the company’s venture capital investment arm. Both UVeye and MDGo have their headquarters in Tel Aviv, where Volvo Cars has been involved with DRIVE, a so-called ‘accelerator’ for young companies in the mobility sector, since 2017. UVeye [...]
Volvo Cars today reports a record revenue for the first six months of 2019 of SEK130.1 billion, up from SEK122.9 billion year-on-year and buoyed by the best first half-year sales performance in the company’s history. For the first six months, sales amounted to a record 340,286 cars, a year-on-year increase of 7.3 per cent. During [...]
Volvo Cars has appointed Carla De Geyseleer as its new chief financial officer (CFO), succeeding Hans Oscarsson who will leave the company as of August 1 for a new assignment within the Geely Group. Ms De Geyseleer (51) is a Belgian national and joins Volvo Cars from Société Générale de Surveillance (SGS), a Swiss-based publicly [...]
