Volvo Car Corporation and China Development Bank Corporation today announced the signing of a Memorandum of Understanding (MoU) for a strategic partnership.
Prime Minister Wen Jiabao of the People's Republic of China visited the Volvo Car Corporation facilities in Gothenburg, Sweden today. Attending the Prime Minister's visit were, among others, Volvo Car Corporation CEO & President Stefan Jacoby and Volvo Car Corporation Chairman of the Board Li Shufu. The visit was also attended by several representatives of the Swedish and Chinese governments, among which Swedish Enterprise Minister Annie Lööf.
At the 2012 Beijing Auto Show, Volvo Car Corporation will display its innovative gasoline plug-in hybrid. The Volvo XC60 Plug-in Hybrid Concept is an electric car, a highly economical hybrid and a powerful high-performance car all rolled into one. At the touch of a button, the driver decides how the available power from the combination of the high-performance gasoline engine and the electric motor is to be utilized.
Volvo Car Corporation President and CEO Stefan Jacoby has been named "Influencer of the Year" by StrategiTorget Verkstadsindustrin - a forum for selected decision-makers in the Swedish engineering industry. "This is a prestigious title that I am very proud to receive," says Stefan Jacoby.
Soon after Volvo opened its business links with China twenty years ago, it became the first western brand to engage with golf in China via its initial sponsorship of the Volvo China Open in 1995. Since then, the relationship has gone from strength to strength and this month sees the 18th staging of the event from Thursday April 19th to Sunday April 22nd in Tianjin. Once again, the golfing spotlight of the world will focus on Volvo and China, generating media exposure worth millions of dollars.
The Volvo XC60 now also becomes available in the exclusive Inscription version - designed around customers who want to add an extra luxurious, personal touch to the dynamic XC capability.The Inscription buyer can choose between four colours on the seats, fully upholstered in fine semi-aniline quality leather.The XC60 Inscription package also includes several other distinctive interior features and the possibility to spice up the kerb appeal with additional options like the charcoal headliner, special effect paint and 20-inch wheels.
Volvo Car Corporation reinforces its European leadership in fuel efficiency improvement by several new CO2 initiatives in the model year 2013 line-up.
In April, Volvo Car Corporation opens the order books for the most technically advanced Volvo ever: the Volvo V60 Plug-in Hybrid - the world's first diesel plug-in hybrid car. This innovative vehicle represents the next bold step in the evolution of electrification, where Volvo Car Corporation is almost a year ahead of competition. The launch of the first 1,000 units is supported by a series of witty "unboxing webisodes", released online on March 30th.
Volvo Car Corporation warns that EU targets for cutting carbon dioxide emissions are being jeopardized by the absence of harmonised incentives to consumers.Another key issue is the urge for continuous support to automotive research anddevelopment, including electromobility. Stefan Jacoby, President and CEO of Volvo Car Corporation, will tell an industry seminar in Brussels today that jobs, investment and competitiveness in the European car industry could be threatened by the European Commission's approach towards vehicle electrification.
Stefan Jacoby, President and CEO of Volvo Car Corporation, made a distinctive statement about the company's sharpened competitive edge when he revealed the all-new Volvo V40 at the 2012 Geneva Motor Show on Tuesday."The all-new V40 will change the balance of power in the C-segment. Its class-leading driving dynamics, fuel efficiency and full deck of safety and support features make it outstanding in the class," Stefan Jacoby said.