VOLVO CAR GROUP FORECASTS SALES AND PROFITABILITY WILL SHOW A CLEAR IMPROVEMENT IN 2015
February 26, 2015 by Volvo![VOLVO CAR GROUP FORECASTS SALES AND PROFITABILITY WILL SHOW A CLEAR IMPROVEMENT IN 2015](images/articleimages/volvo-sales-2015-improvement-01-400.jpg)
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It is Volvo Cars' long term strategic ambition to further develop its position as a global premium car maker. Driven by the complete renewal of its product range in the next five years, Volvo is aiming to double sales to around 800,000 cars a year by around the year 2020 while always improving profitability. About the Volvo Car Group Financial Report January-December 2014 The financials in the Financial Report January-December 2014 refer to the consolidated business result of Volvo Car Group. This includes Volvo Car Corporation, its parent company Geely Sweden AB, and all its subsidiaries. In Sweden, audited annual reports for Geely Sweden Holdings AB, Geely Sweden Automotive AB, Geely Sweden AB and Volvo Car Corporation are filed with the authorities on an annual basis. The consolidated financial statements of Geely Sweden AB represent the Volvo Car Group business performance. About Volvo Car Group Volvo has been in operation since 1927. Today, Volvo Cars is one of the most well-known and respected car brands in the world with sales of 465,866 in 2014 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. In 2010, Volvo Cars was acquired by Geely Holding. As of December 2014, Volvo Cars had over 25,000 employees worldwide. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for China is located in Shanghai. The company's main car production plants are located in Gothenburg (Sweden), Ghent (Belgium) and Chengdu (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).
posted on conceptcarz.com
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