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#230 of 247 Re: spin-off is working? [steve_]
Apr 06, 2011 (12:11 pm)
March was a big month. Sales up 20%+ over a year prior, and YTD about 11%. Not that they didn't have plenty of room to improve!
the S60 is doing very well, and the XC60 is also building steam.
#231 of 247 Re: What about Volvo's future ???? [rockylee]
May 13, 2011 (12:19 am)
Isn't Volvo still a great player?
I think this development will go on.
May 13, 2011 (4:54 am)
Volvo has posted a solid first quarter, with earnings jumping to $103 million. That's nearly double the Q1, 2010 totals, in part due to continued strong demand for its XC60 crossover.
I was a bit miffed that they got sold off to Geely but it seems they are being allowed to operate as usual. Still one of the cleanest, most environmentally friendly, efficient and ecologically friendly plants I've ever been to. They also have the best overseas delivery programs out there.
#233 of 247 talk about trying to meld visions
by Stever@Edmunds HOST
Jun 07, 2011 (4:37 pm)
"One central area of contention: Mr. Jacoby wants to focus on safety and fuel-efficiency with smaller cars, while Mr. Li believes Volvo must expand aggressively into luxury cars to compete with BMW, Mercedes and Audi. In China, the world's biggest car market, legions of newly rich consumers are snapping up fancy sedans at a dizzying pace.
"Volvo and Mr. Jacoby can take the moral high ground and stick with the company's tradition of understated, more modest style," Mr. Li said in a March interview, but the brand has no future in China unless it caters to flashier tastes."
Chinese Begin Volvo Overhaul (Wall St. Journal)
#234 of 247 Re: talk about trying to meld visions [steve_]
Jun 08, 2011 (7:10 pm)
so stretch the S80 and bling it out, and have other models for other parts of the world.
Sep 05, 2012 (8:39 am)
"Swedish car maker Volvo Car Corp. on Wednesday warned that the auto boom in China appears over, as the company reported a sharp decline in operating profit for the first six months. "
Volvo Pares Output on China Slowdown (WSJ)
"Volvo Car Corp. will cut its workforce by 200 to 300 people at its Swedish factory in response to weak European demand, a union official said."
Volvo Cars to Cut as Many as 300 Jobs in Sweden on Slow Demand (Bloomberg)
US sales were up a bit over 20% over August 2011. But they are down 1% for the year to date. (carsok)
#238 of 247 Re: no future for the C30 [steve_]
Oct 16, 2012 (8:25 pm)
Not surprising, they sold NONE of those. But with that goes the last Volvo available with a manual shift, and the only stand-out in the entire line.