Monday, August 3, 2015

Volvo Cars’ defenders in China – Helsingborgs Dagblad

The slowdown in the Chinese economy has received several car giants to worry about. Ford, for example, stated that there may be a decline for the first time since 1998, according to news agency Bloomberg.

But Volvo management believes that it turns in the second half of the year.

– We still expect to sell more than 2014 to grow more than the premium market in general. There we base on the sales of new XC 90 comes in sometime later in China, says Stefan Elfström.

sold in the US already the new big SUV and it has helped to reverse the earlier problems the market. In July, sales rose by 14.7 per cent so far this year the increase is 2.2 percent. Strong sales in Sweden and Europe meant that Volvo’s total sales in July ended at 38,128 cars, a rise of 4.6 percent.

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