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October 04, 2015 1:54 PM ET


Company Overview of Volvo Car Corporation

Company Overview

Volvo Car Corporation manufactures cars. The company offers sedans, wagons, sports wagons, cross country cars, and sports utility vehicles. It serves customers in Sweden and internationally. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. It has manufacturing plants in Belgium and China. As of August 2, 2010, Volvo Car Corporation operates as a subsidiary of Zhejiang Geely Holding Group Co., Ltd.

VAK building

Assar Gabrielssons väg

Gothenburg,  405 31


Founded in 1927


46 31 59 00 00


46 31 59 40 64

Key Executives for Volvo Car Corporation

Chief Executive Officer, President and Director
Age: 64
Chief Financial Officer and Senior Vice President
Age: 50
Senior Vice President of Americas, Chief Executive of Volvo Cars of North America and President of Volvo Cars of North America
Age: 55
President of Financial Services for The Americas
Age: 54
Chief Information Officer and Senior Vice President
Age: 46
Compensation as of Fiscal Year 2015.

Volvo Car Corporation Key Developments

Volvo India to Launch New S90 Sedan in India

Volvo Car Corporation announced that it is launching its new S90 sedan in India. The model is highly influenced by the new 2016 XC90 SUV and will be launched in 2017. It is based on the SPA platform. It will be a four-door sedan with a bold radiator grille and a rear with large tail lamps, quarter windows and a long wheelbase. The interior has a huge tablet-like touch screen, TFT screen and digital gauges. It is to be equipped with a 2.0-litre engine with four-cylinders that delivers 316 bhp at 5,700 rpm and 400 Nm of peak torque at 2,200 to 4,500 rpm.

Volvo Car Corporation Reports Sales Results for the Month of August 2015

Volvo Car Corporation reported sales results for the month of August 2015. The company stated that its global sales rose 3.2% in August. Strong sales growth in the US and Europe offset negative impacts from Chinese sales decline. The company sold 30,195 cars in August, compared with 29,257 in the period last year.

Volvo Car Corporation Announces Earnings Results for the First Half of 2015

Volvo Car Corporation announced earnings results for the first half of 2015. For the period, the company's operating profits came to SEK 1.66 billion compared with SEK 968 million in the period last year.

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