(February 27, 2015) Volvo Car Group expects sales and profitability to show a clear improvement in 2015, driven by continued growth in China and Europe and a return to growth in the US, according to Håkan Samuelsson, president and chief executive.
The combined effect of this strong global performance and the introduction of the all new XC90 during 2015 means overall sales should approach 500,000 cars, up from 465,866 in 2014, said Samuelsson. Increased sales will drive the company’s improvement in profitability for the full year, aided by favorable currency movements, he added.