Volvo Car Corporation achieves an operating profit for the third quarter. The volume growth of 12.5 percent to 272,555 retail sales units year-to-date September is the result of a strong product portfolio and market strategies delivering results in all sales regions.
Volvo Cars is recalling Garmin nüvi 760 and 765 navigators for safety reasons. The Garmin product, which has been installed in several Volvo models, may have a defect that causes some battery types to overheat.Volvo Cars' own navigation system, Road Traffic Information (RTI), is not affected by the recall. Only the Garmin navigators are subject to the recall.
Volvo Cars is now taking the next step towards next-generation electric car technology. Backed by research support from the Swedish Energy Agency the company is initiating development of a fuel cell that can extend the electric car's operating range without any carbon dioxide emissions.The aim is to have two prototype chassis based on the Volvo C30 DRIVe Electric ready for testing in everyday traffic in 2012.
Volvo Cars' work on electrification technology includes a systematic approach to safety issues related to battery power. The basic perspective is that a battery-powered Volvo must be as safe as any other new Volvo car - when it comes to owning and driving and also in the event of an accident.
ICA and Siemens are now joining 'One Tonne Life' as industry partners - a world-unique test in which a family with children will try to reduce their carbon dioxide emissions to one tonne per person per year. ICA will be responsible for the family's food supply and help the family members to make conscious choices that reduce their carbon footprint via their meals. Siemens will be equipping the household with appliances of the highest quality when it comes to energy and water consumption. Both of the companies will be contributing with information on how the family members can reduce their carbon footprint with regard to food handling, dish washing, laundry and cleaning.
CorpComms, a leading UK marketing magazine, has awarded Volvo Car Corporation the 2010 Digi Award for "Best use of Facebook". The category recognises best practice in Facebook communications and was in recognition for the brand's Geneva Motor Show and the Crash Test Centre 10th anniversary campaigns celebrated earlier this year."This prestigious award is very encouraging for Volvo Cars' PR team and our partner, OgilvyPR. We aim to exceed the expectations at every event and this award is a great confirmation that we are on the right track", said Peter Ganjbar, Volvo Cars Manager Broadcast & Social Media Relations.
Lars Danielson, currently plant manager at Volvo Cars Torslanda, has been chosen to manage Volvo Cars' forthcoming manufacturing operation in China, as part of the company's new China organisation.His broad experience of the automotive industry, business acumen and proven leadership skills will all stand Danielson in good stead in setting up Volvo Cars' new industrial system in China, as part of the company's expansion in this key market.
Volvo Polestar won the STCC Team Championship title. The green C30 is now Volvos most successful race car to date.
Volvo City Safety has received Euro NCAP Advance, an assessment rating for new and exceptional safety technology that was awarded for the first time ever at the Paris Motor Show."Highly gratifying. We have worked long and hard for active safety systems to be included in Euro NCAP's assessment criteria," says Thomas Broberg, Senior safety advisor at Volvo Cars.
"DRIVe Towards Zero" is Volvo Cars' vision for developing cars entirely free from harmful exhaust emissions and environment-impacting carbon dioxide. New steps are being continuously taken to reach that vision. For instance, Volvo has introduced a range of high-efficiency diesel models with very low CO2 emissions. And the company's ambitious electrification strategy includes a C30 Electric and a market introduction of plug-in hybrids as early as 2012.