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0Report: Geely announces $11 billion investment in Volvo 1333980000
Volvo is poised to rapidly inflate its presence in China, and it believes the way forward is through an $11 billion spending plan. "We want to revive Volvo and give the brand its strength back," says Li Shufu, Chairman of Geely Automobile Holdings. Speaking with German magazine Wirtschafts Woche, ...
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Report: Jacoby reiterates Volvo considering NA plant 1331645520
Volvo sold 449,255 cars globally in 2011, with 67,240 of those sales coming from right here in the States. By 2020, CEO Stefan Jacoby aims to boost those numbers to 800,000 sales globally and 120,000 here, and to do so, he can't let the exchange rate between the dollar and the euro stand in the ...
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Detroit: XC60 Plug-In Hybrid shows where Volvo is headed 1326230820
Volvo has made it a point to emphasize – surprise – the safety of its plug-in vehicles at recent auto shows. Now, at the Detroit Auto Show, the Swedish automaker has showed off the XC60 Plug-In Gasoline Hybrid Concept, a way to gauge American reaction to the idea of a plug-in CUV from ...
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Spy Shots: Volvo V40 caught testing in winter wonderland 1324341000
Our spy photographers have manged to lay lenses on the new Volvo V40 as engineers put the vehicle through a little cold-weather testing. Until just recently, we'd heard that the five-door version of the C30 would be called the V30, but Volvo CEO Stefan Jacoby has confirmed that the model will ...
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Report: Volvo hiring 1,200 in Europe, adding capacity 1301574660
China's Geely has big plans for its Volvo brand, with a goal of reaching 800,000 global sales per year by 2020 or sooner. To accomplish that feat, the automaker will need to bolster its factories and hire more workers, and Automotive News reports the Swedish automaker plans to do just ...
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Report: Volvo boosting XC60 production, ponders bringing China-built cars to U.S. 1295627340
2011 Volvo XC60 R-Design – Click above for high-res image galleryNew Volvo CEO Stefan Jacoby has stated publicly that the Swedish automaker plans to double global sales to 800,000 units per year by 2020. That's a significant increase by any measure, and the company's popular XC60 ... -
Report: Volvo to downsize engines in 2013; ponders diesel for U.S. 1291576020
Engine downsizing is considered an effective method for reducing emissions and improving fuel efficiency and that's precisely why many automakers have developed smaller mills to replace older, larger motors. Kia, Volkswagen, Fiat, Audi and many others already announced their intentions to ...
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Report: Volvo moves away from 'premium' image 1291058820
Volvo should no longer be lumped into the premium category, according to the wishes of CEO Stefan Jacoby. It's not that the cars aren't good, but according to Autocar, Jacoby thinks it sends the wrong message. "It sounds like a pricing strategy, and it's got an expensive ring to it," he tells the ...
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Yes or No? Jacoby reportedly says Volvo isn't ready for a 7 Series rival 1288625520
Just days after Geely purchased Volvo from Ford, the Chinese automaker's chairman, Li Shufu, proclaimed that the Swedish automaker needed a 7 Series fighter. Shufu's idea makes a lot of sense, at least in the large car-loving China market, where Volvo leadership wants to push a lot more metal. ...
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Rumormill: Volvo readying five-door hatchback to boost brand's overall sales 1287406740
2010 Volvo C30 – Click above for high-res image galleryVolvo CEO Stefan Jacoby wants to move 800,000 vehicles across the globe per year by 2020, which would more than double last year's sales tally of 350,000 and signal a reversal of sales declines. Jacoby expects about 250,000 of those ...

