Friday, February 3, 2017

Volvo Cars are tuned in the USA accused of cheating – Today’s Industry

A dealer in the US is suing Volvo Cars, writes SvD. The dealer is accusing Volvo Cars to have blown up säljsiffrorna to deceive customers and investors.

Åteförsäljaren, Volvo Cars Honolulu, accusing Volvo Cars for having presented incorrect sales statistics throughout the united states since 2013. Volvo Cars Honolulu seems in Hawaii, but claim that Volvo Cars guilty of cheating throughout the united states, writes SvD.

According to the lawsuit, Volvo Cars in its official statistics have presented the deliveries of volvo cars to the dealer that the sale to the end customer. The company shall have forced retailers to take into its stock more cars than they could sell and use the numbers to inflate the statistics.

the Dealer has in the application, got into financial problems and, among other things, lost funding from both Bank of America and Bank of Hawaii. The dealer claims that the Volvo fake sale tactic was the reason for this.

2013 Volvo had Cars sale in the united states more than halved down to 61.233 cars compared with the record year of 2004 with about 140,000 cars sold. In 2015, sales started to increase and 2016 continued growth of over 18%, up to 83.000 cars sold. Even in december 2016, the sales increased by 8.4 per cent compared with the year before.

the Lawsuit was filed on January 27. When Volvo Cars five days later announced the sales figures for January increased sales globally – but plummeted by 18.2 per cent in the united states.

Volvo Cars press officer David Ibison said to the newspaper that there is “absolutely no link” between the stämningansökan and januarisiffrorna.

“the order situation for the XC90 in the US is very strong and we look forward to a strong 2017″, says David Ibison when the newspaper asks him to explain the difference between the U.S. and the rest of the world.

the Volvo Car USA, writes in a statement that the company initiated a lawsuit against the dealer in december 2016. According to the Volvo Car US is the process is not related to allegations of inflated figures.


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