On Tuesday Volvo Car announced the pricing for the V40 in China, putting the compact on sale in the world’s largest auto market. Available in four trim levels–Fashion, Comfort, Elegance, and Prestige, the V40 hatchback sells for 239,900-325,900 Yuan. A turbo-charged L5 petrol engine of 2.0L was provided on all four trim levels, and comes … Read more
Dongfeng and AB Volvo to Form Commercial Vehicle Joint Venture, Nissan Bowing Out
January 27th, 2013 | Posted in Dongfeng | VolvoDongfeng Motor Group (DFM) and AB Volvo signed an agreement in Beijing on January 26 to form a commercial vehicle joint venture in China. Through the restructured Dongfeng Commercial Vehicle (DFCV), the alliance will develop, manufacture, and market Dongfeng-brand medium- and heavy-duty trucks. To make the new partnership possible, Nissan has withdrawn from DFCV. Dongfeng, … Read more
Geely is Building Volvo Engine Plant in Zhangjiakou, Hebei
July 20th, 2012 | Posted in Geely | VolvoAutomakers tend to concentrate their manufacturing activities for efficiency, with Geely being an exception. Selling 430,000 cars last year, the Hangzhou-based company operates or builds vehicle assembly lines in ten cities across the country, and engine and auto parts plants in several more. Now preparing to produce Volvo cars in China, it seems to follow … Read more
Geely-backed Battery Maker, Aforever New Energy, Began Production, Eyeing Volvo C30 EV
June 18th, 2012 | Posted in Electric Car | Geely | VolvoShandong Aforever New Energy Science & Technology, a Lithium-Ion battery maker affiliated with Geely Auto, started production in Zoucheng, Shandong, on June 16, betting on the mass production of the electric Volvo C30. According to its website, Aforever (Hengyuan) was founded by a Hong Kong-based investment company controlled by Honbridge Holdings. Although Aforever officials have … Read more
Geely Signs Jeremy Lin to Promote Volvo Cars in China and the US
March 20th, 2012 | Posted in Geely | Marketing | VolvoVolvo Cars announced in NYC on March 19 that it had a deal with Jeremy Shu-How Lin, according to which the star will work for two years as the auto company’s advertising spokesperson. Chinese communities and the US would be especially targeted by this cooperation. The value of the contact was not disclosed. Lin’s positive … Read more
Volvo to Build Capacity in Chengdu and Daqing, Increase Annual China Sales to 200,000 Units in 2015
February 25th, 2011 | Posted in Geely | VolvoAt a press conference held today in Beijing, Volvo Car Corporation, a subsidiary of Geely, unveiled its business strategy on expanding in the Chinese market over the next five years. Presenting no surprises, the plan confirms earlier reports that Chengdu, the capital of Sichuan, and Daqing, an oil town in the northeastern province of Heilongjiang, … Read more
Stefan Jacoby, CEO of Geely-owned Volvo Cars, announced the opening of the company’s new headquarters in the Jiading district of Shanghai today, a crucial step in realizing the dual-center vision (in Sweden and China) Chairman Li Shufu has held for future Volvo. Also unveiled in Jiading was a Volvo auto technical center, which will enable … Read more
Growth of Luxury Car Sales Doubled That of the Overall Market in 2010
January 14th, 2011 | Posted in Audi | BMW | Mercedes Benz | Sales | VolvoDespite government measures discouraging buying big and expensive cars, sales of luxury vehicles continued to soar last year in China, gaining about 70% to over 700,000 units, while the overall auto market grew 32.37% to reach 18.06 million units. (With no consensus on what " luxury" means for cars in China, we regard any sedan … Read more
Lower price tags, increased fuel-economy, uncompromised performance, and same great looks. That is the 2011 long-wheelbase S80 released by Changan-Volvo on December 1. Yet many still wonder if the new S80L is as good as the A6L from FAW-Audi. Featuring the technology called GTDi (Gasoline Turbocharged Direct Injection), the new 2.0L engine has comparable outputs … Read more
Geely to Build Volvo’s Chinese Headquarters in Shanghai, S60 in Chengdu
August 11th, 2010 | Posted in Geely | New Cars | VolvoIn purchasing Volvo Cars, Li, Shufu, Chairman of Geely, promised to keep its headquarters and two factories in Europe. That, however, does not mean the Chinese will take a back seat. Mr Li’s plan, which becomes clearer this week, is to make Shanghai the new power center, and to build 2 or 3 new Volvo … Read more
A ceremony took place in London today to mark the completion of the purchase of Volvo Car Corporation by China’s Zhejiang Geely Holding Group. The deal was signed on March 28 this year, and ratified by the Chinese government on July 26, by the EU on July 6, and by the US still earlier. Ford … Read more
Luxury Car Sales Surged In the First-Half
July 6th, 2010 | Posted in Audi | BMW | Brilliance | Daimler | GM | Sales | Volkswagen | Volvo | VWLuxury car sales in China grew at a much faster pace than the overall auto market in the first six months of 2010. Audi, currently the most popular brand in the upscale segment, delivered 108,600 units, up 64% year-on-year, including 93,993 made by FAW Volkswagen and 14,607 imported–jumping 139% from a year ago. Audi’s two … Read more
GAC Changfeng to Release a Volvo Look-alike
June 11th, 2010 | Posted in Changfeng | GAC | New Cars | VolvoGAC Changfeng, a SUV manufacturer owned by Guangzhou Automobile Group Co. (GAC), Changfeng Motor, and Mitsubishi Motors, recently confirmed that its first sedan model, going by CP2 for now, is on track for a late 2010 market release. Known mainly as the maker of Mitsubishi Pajero in China and the Liebao SUV series, GAC Changfeng … Read more
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