Auto Industry

Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade.

Sweden based Volvo Cars, the premium car maker, has received almost 80,000 orders for the new award-winning XC40 small SUV and is expanding production in Europe and China in order to meet demand.

Volvo Cars is planning to set up a new joint venture technology company with Geely Holding, the Chinese car group, to share existing and future technology, deepen industrial synergies and provide the economies of sc...

In the bad old days, two words were often considered taboo – Sex and Luxury. In a conservative India, talking about sex was a big “No”. Equally, in a socialist driven economy, the term “Luxury” was pure blasphemy. B...

APM Terminals Inland Services, South Asia has signed an exclusive agreement with Gothenburg, Sweden-based Volvo Cars to provide a dedicated, specialised warehouse facility in Chennai. The customised warehouse will p...

Volvo Cars has taken control of its three joint venture operations in China for SEK2.2bn in order to more accurately reflect its growing presence in the world’s largest car market. Volvo Cars now owns 50 per cent of...

Auto components major Magneti Marelli has inaugurated two production sites in China the field of lighting and electronic systems, in two key regions for the Chinese automotive scenario - Xiaogan and Guangzhou. The ...

Manufacturers of Volvo cars are now finally out of the woods. The Volvo Car Group reported a full-year operating profit of 1,919 million Swedish Kroner (MSEK) (Approx. Rs 1825 crore ) for 2013 and will stay in the ...

Chinese government authorities have approved Volvo Car Group's (Volvo Cars) establishment of manufac

Carl-Peter Forster has been appointed a new member of the Board of Directors of Volvo Car Group (Vol