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Volvo returns to profitability

Ford sold Volvo to Zhejiang Geely Holding Group Limited in 2010. Just two years later, Geely announced an $11-billion investment in the Swedish carmaker, its charismatic fugleman Li Shifu saying, "We want to revive Volvo and give the brand its strength back." Two years later, after having introduced the Concept XC Coupe at the Detroit Auto Show this week, Volvo CEO Håkan Samuelsson (above, second from right) declared the company profitable again after a solid 2013 and predicted a positive 2014.
Intending to break even on operating profit in 2013, Volvo exceeded expectations and landed on the plus side due to a mix of factors. US sales declined 10.1 percent for the year to 61,233, that number still making us Volvo's largest market, but Chinese sales were up nearly 46 percent to 61,146 units, and even its home market saw a bump of 0.8 percent; total sales for the year were 427,840, a margin of 1.4-percent over the previous year. Volvo was able to do more with the tiny gain and reverse its half-year operating loss because of a global cost restructuring and thorough revamp of its Chinese distribution network. An announcement of 2013's financial results will come in March.
Bullishness on 2014 comes from the company's intention to focus on its two biggest markets with new models, new technology and more spending. The first product of an independent Volvo, the new XC90, will be revealed later this year on the new SPA architecture. On top of the Sensus Connect infotainment system, Volvo will add driver-aid systems like adaptive cruise control with steer assist and night-time pedestrian detection. It also has a new North American CEO and will spend more on marketing and communications here. In China it will begin to feel more effect from the two Chinese factories opened last year - it has three in the country - and, if need be, can take advantage of more advantageous exchange rates by exporting from China instead of the US. Said Samuelsson of what he expects in the US in 2014, "we will outperform the market."

2022 Volvo C40 Recharge Interior Review | Stylish, spartan and Google tech

The 2022 C40 Recharge is an all-electric, all-or-nothing proposition from those delightfully stylish Swedes over at Volvo, whose designers put their typical minimalistic spin on this crossover-coupe EV. While Zac was a bit more fond of the all-blue interior in our tester than I was (you can also get it in black), I was at least equally as impressed as he was by its new tech suite. The "you can get it any way so long as it's loaded" American-market C40 arrived sporting the latest version of Google’s Android Automotive OS infotainment system (like other Volvos). In what may be the most stereotypical display of Silicon Valley chicanery I've seen so far in 2022, this new infotainment system doesnÂ’t support Apple CarPlay at launch, so it was almost poetic when the iPhone I used to shoot the above video fought me tooth-and-nail when I tried to share it via Google Drive. Relax, iPhoners. Volvo says an OTA update with CarPlay support is coming. But let's face it, when it comes to maps, Google is Google, and since you get it natively here, it works exactly the way you'd expect it to. Google Assistant is there to handle your voice commands too. There's even ample room in the rear for a future Google Bathroom Attendant, should you feel that you're just not getting quite enough Google in your diet.  If you've driven a recent Volvo, the infotainment system will probably look familiar to you. Despite the architectural overhaul and obvious Google ecosystem UI elements, it still feels like a Volvo system. I suppose that could be either good or bad, depending on how you feel about Volvo's user experience, which tends to eschew menu-diving in favor of pretty much putting every possible feature on the screen at the exact same time. That may sound overwhelming, but there's an organizational method to this pixelated madness.  Google's approach uses a simple scroll when you run out of home screen (yes, like a smartphone) and has collapsing drop-downs in the app menu for categories with more icons than will fit in the allotted span. For apps, settings and other such menus, this works a treat. Obviously, you don't want to be scrolling through things like cabin temperature or fan speeds, so you get more conventionally laid-out menus for both, for better or for worse.

Volvo EM90 unveiled as electric minivan for the Chinese market

Volvo is bringing boxy back with the EM90, its first entry into the minivan segment. Described as a "living room on the move," the people-hauler features an electric drivetrain and a spacious-looking cabin with three rows of seats as well as a long list of technology features. Unverified reports claim that the EM90 is based on the Zeekr 009. Volvo hasn't revealed what's under the sheet metal, but design details such as the shape of the windows and the kink on each sliding door seemingly confirm the connection. However, the EM90 features a look of its own that's characterized by Thor's Hammer-shaped lights on both ends, a body-colored front-end panel with a backlit Volvo emblem, and "VOLVO" lettering on the hatch. Volvo explains that the front's design was inspired by "skyscrapers and cutting-edge immersive art." Road noise-canceling technology and a dual-chamber air suspension system should make the EM90 a comfortable space to travel in. If it's too quiet, Volvo offers a 21-speaker Bowers & Wilkins sound system, 5G connectivity, and a roof-mounted 15.6-inch screen that folds into the headliner when it's not in use. It can be used to display entertainment options via third-party apps and it can project a user's phone. If you'd rather get work done, there are tablets integrated into the individual rear seats and a "meeting room" mode that adjusts the screens, the seats, the windows, the air conditioning, and the interior lighting accordingly. "Theater" and "bedroom" modes are available as well. While the rear occupants are working, watching a movie, or sleeping, the driver faces a digital instrument cluster and a 15.4-inch touchscreen for the infotainment system. Several cameras, a millimeter-wave radar, and ultrasonic radars power a wide selection of electronic driving aids. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Power comes from a 268-horsepower electric motor linked to a 116-kilowatt-hour lithium-ion battery pack. Volvo quotes a maximum driving range of up to 458 miles, though it notes that figure was obtained using the Chinese testing cycle. Zero to 62 mph takes 8.3 seconds.  Made in China, the Volvo EM90 is on sale now on the Chinese market. There's no word on whether it will be sold in other countries, Volvo merely said the model is "coming first to China," but we wouldn't bet on seeing it show up in a showroom on our side of the Pacific.