久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

Volvo Cars reports record revenue and sales for first half of 2019

Xinhua | Updated: 2019-07-19 15:44
Share
Share - WeChat
The Volvo logo is seen on an Android mobile phone. [Photo/IC]

STOCKHOLM - Volvo Cars reported on Thursday a record revenue for the first six months of 2019 of 130.1 billion SEK, up from 122.9 billion SEK year-on-year and supported by the best first half-year sales performance in the company's history.

According to the company's press release on Thursday, for the first six months, Volvo Cars sold a record 340,286 units, a year-on-year increase of 7.3 percent. During the period, Volvo Cars grew consistently faster than the overall market.

The company has gained market share across the US, China and Europe, with the UK and Germany recording growth of 30 percent and 32 percent respectively. The overall passenger car market in the US declined by 2.0 percent in first half, while China and Europe fell by 9.3 percent and 3.1 percent respectively during the same period.

Hakan Samuelsson, president and CEO, emphasised that the company has prioritised growth and market share during the period, capitalising on the building momentum for the Volvo brand generated by an all-new line-up of award-winning models.

"At a time when most markets in the world see stagnating car sales, we have had strong growth in the first half," he said. "We continue to take market share in all regions where we operate, but increased pricing pressure and tariffs have decreased our operating profit. The cost measures we took earlier this year will come into effect in the second half of the year."

Operating profit for the first half of 2019 was 5.5 billion SEK, compared with a 7.8 billion SEK operating profit for the same period last year. For the second quarter of the year, operating profit fell to 2.6 billion SEK, while revenue rose to 67.2 billion SEK.

According to the company, Volvo Cars has initiated additional cost measures within the company on top of already planned measures, which combined, aim to lower fixed costs by 2 billion SEK. These actions will come into effect in the second half of the year and running into the first half of 2020.

For the remainder of the year, Volvo Cars expects continued growth in sales and revenue, boosted by continued strong demand for the fully renewed product portfolio as well as increased production capacity.

Market conditions are expected to put continued pressure on margins, but the combination of volume growth and cost measures is expected to result in a strengthened profit in the second half of the year compared with the same period last year.

Volvo Cars, acquired by Chinese automaker Geely in 2010, employs 43,000 people globally.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲午夜成激人情在线影院 | 91亚洲国产| 新版天堂中文资源官网 | 国产高清在线精品一区二区三区 | 点击进入不卡毛片免费观看 | 99免费在线观看 | 美国一级片免费看 | a站在线观看 | 日本乱理伦片在线观看网址 | 91久久亚洲国产成人精品性色 | 亚洲欧美日韩另类在线 | 国产一区二区在线观看免费 | 成人黄色在线视频 | 亚洲精品久久99久久一区 | 老师张开腿让我爽了一夜视频 | 国产一区二区三区在线看 | 欧美成人精品欧美一级乱黄 | 无毛片| 免费在线观看一区 | 99精品视频在线在线视频观看 | 亚洲欧美高清在线 | 无码精品一区二区三区免费视频 | 波多野结衣视频在线观看 | 美女张开腿男人桶 | 欧美成人看片黄a免费 | 手机看片国产日韩 | 黄色片亚洲 | 免费视频男女 | 国产精品久久久 | 亚洲国产精品不卡毛片a在线 | 91亚洲精品久久91综合 | 精品国产90后在线观看 | 久久精品综合国产二区 | 成人午夜影院 | 99精品久久99久久久久 | 黄色a∨| 杨幂国产精品福利在线观看 | 国产毛片精品 | 天堂色视频 | 18视频免费网址在线观看 | 日韩黄色片在线观看 |