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Volvo reported strong sales from all three core global regions. Sales in Europe rose 10% in 2015 to 269k, representing over 50% of total global volume. Volvo's revival in the US gained momentum, with sales up 24% in 2015, while China was flat amid a challenging sales environment, but sales were up 11% in the fourth quarter. [42]
The Volvo Deal was a plan for industrial cooperation between Norway and Sweden whereby Norway would get 40% of the shares of the Volvo car manufacturing concern, while Volvo would get control over oil resources on the Norwegian continental shelf. [1]
Volvo launched an important new model, the 300 series hatchback, in 1976, which sold well in Sweden and in many other parts of Europe, including the United Kingdom, where it was the best selling foreign car in 1982 and remained among the most popular imports there for the rest of the decade. The 300 was initially only available as a three-door ...
Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and ...
This Euro-market Volvo 480 GT was sold new in the U.K. but is now in New York, and it's up for online auction until March 12.
Buying a car can be an exciting experience -- and a nerve-wracking one. Yes, it's awesome to find the ride of your dreams at a price that won't give you nightmares, but you won't know whether you...
Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Gothenburg, Sweden. [6] The corporation was first listed on the Stockholm Stock Exchange in 1935, and was on the NASDAQ indices from 1985 to 2007. [7] Volvo is one of Sweden's largest companies by market capitalisation and revenue. [8]
Swedish truck maker AB Volvo <VOLVb.ST> reported a smaller than expected fall in fourth-quarter earnings in the face of slowing demand and announced plans on Thursday for a payout to shareholders ...