Cars
Volvo Targets Annual Sales of 1 Million Vehicles Beyond 2020
Volvo Car Group is aiming for annual sales of over one million vehicles in the long term as the company bets on strong growth in the Chinese market. Volvo chairman Li Shufu said the company targets annual sales of 800,000 cars by 2020, nearly double the level last year, helped mainly by growth in China. Read more »
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Hyundai And Kia Sell 7.1 Million Vehicles In 2012, Up 8 Percent, But Expect Slower Growth In 2013
In the year that just ended, Hyundai and its Kia affiliate delivered a combined 7.12 million vehicles worldwide, which represents an 8 percent growth over 2011, beating their initial annual target of 7 million units. Hyundai, which released detailed...
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Vw Ceo Almost Doubles His Pay To $23 Million In 2011 After The Group Sets Record Sales And Profits
Saying that 2011 has been a very good year for the VW Group would be an understatement of huge proportions. Almost as huge as the 8.36 million sales the German group recorded in its best-ever year. Naturally, the man running the show should get a handsome...
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U.s. Car Sales Continue The Uphill Trend In December
While the U.S. car market is still underachieving compared to the best results of the last decade, December sales are expected to significantly contribute to the annual forecast of about 12 million sold vehicles, as 2010 is clearly ending with an uphill...
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Geely Chairman Promises To Liberate Volvo From Its Capitalist Owner / Oppressors
Zhejiang Geely Holding Group Chairman Li Shufu recently had this to say about Volvo and its $1.8 billion purchase from Ford Motor Company: "A tiger belongs to the forest. It belongs to the wild world and not confined in a zoo. We need to liberate...
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Vw Group Sales Up 2.9% During The First 10 Months Of 2008
In spite of the global slowdown, the Volkswagen Group managed to deliver a total of 5.29 million vehicles to customers worldwide during the first ten months of 2008, up 2.8% from the same period a year earlier. In the month of October, the Group sold...
Cars