Wednesday, August 20, 2014

The upside for Volvo Cars – Sveriges Radio

The upside for Volvo Cars – Sveriges Radio

It is all the better for Volvo Cars. This, according to interim results presented at six o’clock this morning.

A year ago forced the car manufacturer Volvo account försäljningsras and a loss in the first half to over half a billion.

This year, the loss turned for the profit of a little over 1.2 billion before tax.

It is mainly Chinese and Western Europeans who buy more Volvos than last year. First half sales lift by almost 10 percent.

Volvo Cars President and CEO Håkan Samuelsson call the result “encouraging.”

Meanwhile, storm clouds. That’s sluggish for Volvo Cars in the important United States market, where sales fell by 10 percent during the first six months.

In the next week Debuts Volvo its new SUV, which primarily aimed at American buyers, and according to several observers, it is very crucial for Volvo’s future that this car gets a lot of customers to develop the big wallet.

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