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Volvo Cars

Volvo Cars Q2 results sees full speed ahead

Volvo Cars reports a 39% increase in operating profits, excluding joint ventures and associates, to nearly A$912 million (SEK6.4 billion) and a corresponding EBIT margin of 6.3% for the second quarter of 2023.

Volvo opens new Brisbane showroom

Volvo Cars is celebrating the official opening of its newest home in the western suburbs of Brisbane.  Situated in a prime position opposite Indooroopilly Shopping Centre, the showroom was designed with the Volvo Retail Experience new-look corporate identity.  It features sustainable and leather-free furniture in line with Volvo’s sustainability approach to move away from animal products.As part of the official opening on Wednesday, May 17, the Volvo C40 Recharge model was transformed into a green photo moment.

Polestar growth hits a speed bump

Polestar has enjoyed a robust first quarter in 2023 but has reported a speed bump in its quest for growth in global markets. The start of production for the Polestar 3 has been delayed until at least the first quarter of 2024 says the company.

Volvo Cars boss blasts laggard EU states

European Union states, particularly those seeming to want to derail a zero-tailpipe emission target for new passenger cars and vans by 2035, have been given a rev up by Volvo Cars president and chief executive Jim Rowan.