• Sweden edition
 
Sweden's Volvo Cars increases sales in 2010

Sweden's Volvo Cars increases sales in 2010

Published: 07 Jan 2011 15:06 GMT+01:00
Updated: 07 Jan 2011 15:06 GMT+01:00

Global sales grew 11.2 percent to 373,525 compared with 334,808 in 2009, the company said in a statement on Friday. However, the figure is still shy of the 374,297 cars sold in 2008, when sales declined from 458,323 the previous year.

"For the Volvo Car Corporation, 2010 was a year of changes...On August 2nd, Zhejiang Geely Holding Group completed the acquisition of 100 percent of the Volvo Car Corporation from Ford Motor Company," corporate spokesman Per-Åke Fröberg said in a statement on Friday.

"The Volvo Car Corporation returned to profit in the first quarter of 2010 and kept up the momentum throughout the year," he added.

In addition, Volvo sales continue to fall in the US despite a rebound in the auto sector, with US auto sales rising to their highest rate in 16 months in December. US sales fell 12.2 percent or 7,474 to 53,952.

Sweden will soon overtake the US as Volvo's biggest market, the company added.

In China, sales increased by 36.2 percent and 29 percent in Nordic countries. Other strong markets included Russia, where sales increased by 54.5 percent, Belgium by 35.9 percent and Norway by 38.9 percent.

The XC60 compact crossover remained Volvo's best-selling car, selling 80,732 worldwide last year, followed by two station wagons: the V50 with 56,098 units sold and the V70, selling 48,872 units.

The XC60 and V50 are manufactured in Ghent, Belgium, while the V70 is produced in Torslanda, outside of Gothenburg in western Sweden. In 2010, Volvo recruited about 500 additional staff to work at these two plants, with some of these positions becoming permanent.

Other manufacturing locations include Uddevalla northwest of Trollhättan in western Sweden, Chongqing in western China, Thailand and Malaysia.

After naming CEO and Geely Chairman Li Shufu as its chairman on July 15, the company also appointed Stefan Jacoby as president and CEO several weeks later and presented a new board in connection with the new ownership.

The company highlighted the positive reception the company has received to the launch of the new Volvo S60 sedan and V60 estate car last year in its annual review.

It also unveiled a new five-cylinder two-litre diesel engine design for the S60, bringing fuel consumption down to an estimated 5.3 litres per 100 kilometres with a manual gearbox.

The Volvo S60 was launched at the Geneva Motor Show in early March and features pedestrian detection with full auto brake.

Separately, at the biennial 2010 Paris Motor Show in October, Jacoby confirmed plans for Volvo's launch of a plug-in V60 hybrid next year and noted that the foundation for the hybrid would be the V60 model.

The V60 plug-in hybrid will have carbon dioxide emissions of just 49 grammes per kilometre and the car will be equipped with a battery that can be recharged in four to six hours and provide up to 50 kilometres in pure electric range.

Both car models include a new infotainment system where information about the audio system, navigation unit, mobile phone and other functions is presented on a 13- to 18-centimetre colour screen.

The company also emphasised its pledge to develop cars entirely free from exhaust emissions and carbon dioxide.

Measures include the introduction of high-efficiency diesel models with very low CO2 emissions, an electrification strategy with a test fleet of C30 Electric and market introduction of plug-in hybrids as early as next year.

Vivian Tse (vivian.tse@thelocal.se)

Your comments about this article

18:10 January 7, 2011 by Beavis
Should it not read: China's Volvo cars??
21:40 January 7, 2011 by organismasawhole
Sweden will soon overtake the US as Volvo's biggest market, the company added.

China will become the worlds largest auto market period, and probably the largest Volvo market as well.

And yes Volvo is a Chinese company now, get used to it.
23:59 June 3, 2011 by JAVED A. KHAN
In March 2011, I bought Volvo S60 T6 with techno-pak. Two days later there was a flat tire. I had to pay $788 to the dealer Uptown Volvo Montreal for replacement of tire and so-called repair to the damaged two rims on same side. Car remained with Volvo for 5 days 'coz Continental tires were not available in Canada? Then the BLISS technology was malfunctioning I returned the car to Volvo. They ordered BLISS camera from Sweden it took another 5 days.The same evening the passenger side front tire got burst. The car remained for another 9 days in the Volvo showroom. This time I did not accept Continental tires and I asked for Michelin tires. I had to pay a difference of 236 dollars.

Last week the passenger side front tire got burst. Another 4 days to get my car back. In 3 months I drove 300 km, 3 times the tires got burst.

In 4 years I have bought 4 new Volvos. The first was XC70 Cross Country T5 second was S60 T5 and third is XC60 T6. In the past I have never had any problem.

Some experts I talked they said, either the RIMS are defective or the Car is too heavy that it cannot take the slightest impact - and these are not pot holes for your info. just a dip on the road and the speed was 50kmph.

I have written to Uptown Volvo, Volvo Canada, Volvo USA a lady Brenda from Volvo Canada called me a couple of times but, no result. I have started writing on various auto-blogs such as Sympatico Autos, Motor Trend etc., and warned the bloggers NOT to buy the Volvo S60 T60 for the reason I mentioned on the blogs.

I have asked Uptown Volvo to reimburse me the $788 plus the $236 and also pay for my monthly installments of $1120 per month for 3 months because, I am not driving this car anymore. I need 4 new 17" RIMS with new tires PLUS a SPARE WHEEL. There is NO spare tire in this model? I cannot drive this new car anymore, my driving confidence is shattered. And, I was not driving this car off road but just on the same everyday road that I take from home to office and back.

At Brenda's request I am holding my complain to the Consumer Protection office in Quebec, also holding all the supportive documents before I go on the French TV channel and talk about this new Volvo problems. I would like the CEO of Volvo Sweden to look into this matter personally before a really bad reputation is created, the damage would be irreversible. This is not a threat, but mere FACTS you should know because, most people sitting up at the top of the pyramid seldom knows the real problems.

So, please get me a positive answer and resolve this matter ASAP.

JAVED A. KHAN

1105 AV. STRAUSS

BROSSARD

QUEBEC J4X 1T2

CANADA.
Today's headlines
Royal News
Swedish royal couple set wedding date
The couple pictured in the summer. Photo: TT

Swedish royal couple set wedding date

UPDATED: Sweden's Prince Carl Philip and Sofia Hellqvist, who got engaged earlier this year, have announced they will marry next June. READ  

Analysis
Sweden Democrat threats 'just a show'
Sweden Democrat leader Jimmie Åkesson. Photo: TT

Sweden Democrat threats 'just a show'

There is talk that the nationalist Sweden Democrats could trigger a fresh election, by rejecting the new coalition's budget. But leading Political Scientist Li Bennich Björkman tells The Local that the party is just game-playing and should be focusing on getting its fatigued leader back. READ  

Lifestyle
What's On in Sweden: October 24th - 31st
Chocolate and liquorice are on the menu in Gothenburg this weekend. Photo: Shutterstock

What's On in Sweden: October 24th - 31st

A secret gig in Stockholm, a short film festival in Uppsala and a gastronomy event in Gothenburg have caught our eye this week. READ  

Science
Astronaut helps launch first student satellite
Christer Fuglesang on a previous space mission. Photo: TT

Astronaut helps launch first student satellite

Sweden's debut astronaut Christer Fuglesang is helping students at KTH Royal Institute of Technology to become the first in the country to make their own satellite and send it into space. READ  

New coalition
New coalition reveals 'compromise' budget
Prime Minister Stefan Löfven and Green Party leader Åsa Romson. Photo: TT

New coalition reveals 'compromise' budget

UPDATED: Prime Minister Stefan Löfven's Social Democrat-led coalition has revealed its first budget proposal, listing plans to spend more than 20 billion kronor. READ  

Weather
Sweden braces for ten centimetres of snow
Kiruna, in far northern Sweden, has already been hit by snow this season. Photo: TT

Sweden braces for ten centimetres of snow

Sweden's weather agency has warned that up to ten centimetres of snow are on the way for Sweden. READ  

Business and Money
Global profit boost for Handelsbanken
Handelsbanken is Sweden's second largest bank. Photo: Bertil Eriksson/TT

Global profit boost for Handelsbanken

Sweden's second-largest bank, Handelsbanken, has reported a rise in third-quarter profits, boosted by higher income from its loan book as it continues its expansion overseas. READ  

Stockholm 'sub hunt'
Sweden pulls back 'submarine' search
Navy vessels remain in the archipelago. Photo: Lars Pehrson/TT

Sweden pulls back 'submarine' search

Sweden is pulling back part of the naval operation which has been searching for a suspected Russian submarine off the coast of Stockholm for nearly a week. READ  

Julian Assange
Assange prepares for court ruling in Sweden
Julian Assange at Ecuador's embassy in the UK. Photo: Anthony Devlin

Assange prepares for court ruling in Sweden

WikiLeaks founder Julian Assange says he is "confident" his asylum status will be resolved, as he awaits an imminent ruling on his case by a Swedish court. READ  

Opinion
'Why were we kept in the dark for years?'
The submarine hunt is now in it's sixth day. Photo: TT

'Why were we kept in the dark for years?'

Military expert Johanne Hildebrandt tells The Local that the biggest question in the Stockholm submarine hunt hasn't been answered yet - why don't we know more about the "other operations" from the last few years? READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Gallery
In Pictures: Prince Carl Philip and Sofia Hellqvist
Lifestyle
Eight things to love about renting a Swedish apartment
National
Vasa ship cannon blasted in Sweden
National
Sub hunt: Day-by-day
National
Sub hunt: Stockholm islanders share their fears with The Local
Blog updates

21 October

Denna & den här (The Swedish Teacher) »

"?Denna? or ?den hr?? Swedish language students often ask question about different pronouns. One pronoun that especially..." READ »

 

19 October

Getting it (Blogweiser) »

"Follow Joel Sherwood on FB Few watch baseball in Sweden. This is excellent when your team loses..." READ »

 
 
 
Sponsored Article
The best options for oversea transfers
National
Get 20% off unique Swedish homeware
National
Dentist gives free care to Roma beggars
Business & Money
Get your own office in Gothenburg or Stockholm - free for a day
Gallery
Property of the week: Malmö
Gallery
PHOTOS: 'Foreign activity' in Swedish waters
Gallery
People-watching: October 19th
TT
Society
QUIZ: How good is your Swedish?
Lifestyle
What's on in Sweden: October 17th - 24th
Society
The nudity... and nine other things expat men notice in Sweden
Gallery
People-watching: October 15th
Gallery
Your views: Should outdoor smoking be banned in Sweden?
Business & Money
Sweden has 'large hole' in finances
Sponsored Article
Introducing... Finding a job in Stockholm
Society
Monster salmon caught in northern Sweden
Gallery
Property of the week: Lorensberg
National
Scandinavia's child bride
National
Ebola crisis: How is Sweden preparing?
Business & Money
How Sweden is becoming a cashless society
Gallery
Stockholm Burlesque Festival 2014
National
How a little red horse became a symbol for Sweden
Gallery
People-watching: October 12th
Business & Money
The hottest start-ups from southern Sweden
National
What's on in Sweden: October 10th - 17th
National
Stockholm is 'best' region for well-being
Gallery
People-watching: October 8th
National
Five facts to know about Patrick Modiano
Society
My Swedish Career: A French fashionista in Sweden
Society
Swede's anti-bully Facebook tale goes viral
Society
Have you seen Sweden's viral subway cancer campaign?
National
Isis: Swedes linked to Turkish prisoner swap
National
Should Swedes be banned from buying sex abroad?
Gallery
Fredrik Reinfeldt's leaving presents
National
Five Swedish TV shows you shouldn't miss
Gallery
A tool belt, a casserole, and a book. Fredrik Reinfeldt's parliament gifts
TT
Lifestyle
Top five winter festivals in Sweden
TT
National
Sami reindeer herders win mine reprieve
Gallery
Property of the Week: Gamla Enskede
Sponsored Article
How to catch the first lobster of the year
Politics
Ten new minister faces you should know
Tech
First womb transplant baby in world born in Sweden
Team SCA
Sponsored Article
All-female SCA team takes off on Volvo Ocean Race
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

978
jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
www.swedishdowntown.com
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
http://psdmedia.se
If you want to drink, that’s your business.
If you want to stop, we can help.

Learn more about English-language Alcoholics Anonymous in Sweden. No dues. No fees. Confidentiality assured.
AA-EUROPE.ORG/SWEDEN