Swedish car maker Volvo Cars is planning to reduce the production volume at its Ghent factory in Belgium as of 2013. At first, the production line will be slowed from 59 cars per hour to 54 and as a result, 300 jobs will be laid off by ...
Tags: Volvo, cut production, Belgium
Swedish carmaker Volvo has launched V40 hatchback in Romania which it had debuted at the 2012 Geneva Motor Show. The company said that the V40 will be offered with five engine options with the base model featuring the standard 1.6 litre ...
Swedish carmaker Volvo is recalling 300 units of 2013 XC70 and S80 models due to a problem with tire pressure monitoring system. According to the US Highway Traffic Safety Administration (NHTSA ), a software error within the Central ...
Tags: Volvo, recall, tire pressure
Volvo has reported a revenue of SEK65.3bn ($9.75bn) for the first half of 2012, an increase of 3.9%, compared to SEK62.9bn ($9.5bn) for the same period in 2011. For the first half of 2012, the company posted a net loss of SEK254m ($37m), ...
Tags: Volvo, revenue up, Plug-in Hybrid
Swedish carmaker Volvo has unveiled the new V60 Racing Wagon at the ongoing 2012 Sao Paulo Motor Show in Brazil. The new racing variant of V60 wagon is powered by 2.0litre four-cylinder T5 engine that is mated to a six-speed dual-clutch ...
Tags: Volvo, V60 Racing Wagon, Brazil
Polaris Industries has entered into an agreement with Eicher Motors, Indian commercial vehicle and motorcycle manufacturer, to form a 50-50 joint venture (JV) company. The new JV will invest $50m to develop and market new products in ...
Tags: Polaris, Eicher Motors, commercial vehicle, motorcycle, new JV
Swedish truck manufacturer Volvo is planning to begin production of a new truck in its FH series portfolio the last quarter of this year. Volvo is also planning to produce a common series of cabs for its Renault, Mack and Volvo brands ...
Swedish carmaker Volvo has unveiled the 2013 XC60 Inscription crossover which is an upgraded version of its XC60 model. Volvo said that the new Inscription crossover can be merged with all the engine options offered for the XC60. The ...
Tags: Volvo, XC60, Inscription crossover
Swedish based automaker Volvo Car will unveil its hatchback V40 R-Design at the 2012 Paris Motor Show. The new R-Design of the V40 will be offered with a range of engines starting from D2 diesel engine that generates an output of 115hp to ...
Tags: Volvo, V40 R-Design, class-leading
Swedish carmaker Volvo has handed over the production of its XC90 to Chinese car company Geely to develop another high-end brand in China. Volvo's new XC90 is expected to be launched in 2014, in the interim Geely procures the P2 platform ...
Swedish car maker Volvo Cars is planning to temporarily stop production at the Torslanda plant from 29 October to 2 November 2012. The company has decided to temporarily stop production at Torslanda plant due to the continued decline of ...
Tags: Volvo, Torslanda plant, stop production
Zhejiang Geely Holding has received an approval from the Chinese Ministry of Industry and Information Technology (MIIT) to build a new $631m passenger automobile plant in Chengdu, China. The new plant will manufacture Volvo cars and is ...
Tags: Zhejiang Geely, MIIT, Chengdu plant
Volvo Eicher Commercial Vehicles (VECV), a joint venture between Volvo and Eicher Motors, is planning to invest INR2.88bn ($53.41m) at its Pithampur plant in Madhya Pradesh, India. With the investment, the company aims to develop a ...
Tags: Volvo, invest, Indian plant, Eicher Motors
Swedish car maker Volvo has confirmed its plans to halt the production of C30 hatchback in December 2012 in a bid to better place the brand for the future. Prior to concluding the production of C30 model, the Swedish carmaker is planning ...
Tags: Volvo, halt production, C30
Swedish carmaker Volvo is planning to invest $11bn to develop new products and increase its manufacturing presence in the next few years. The company aims to acquire 20% of China's premium auto market by 2015 and to increase Chinese ...
Tags: Volvo, invest, product development