
Photo by Volvo Car SA Volvo Cars is trying to establish greater global sales. To give the necessary boost, Volvo is focusing on the automobile market of China. The automaker expects the latter can give Volvo a significant lift in yield growth in global car market.
Fredrik Arp, Volvo’s chief executive said that China is more exciting “in the car market of automobile industry worldwide. He added that the development of Volvo said the nation will serve as a vital part of the world that their goal is to sell 600,000 vehicles annually starting this year until 2009. Arp added, “In the next five to 10 years, we believe that China will move up to second place in Volvo Cars’ sales chart.”
According to the reports of car sales, Volvo sold about 444,000 vehicles last year globally. In China, Volvo last year, sales totaled 5,000 units. This year, during July, Volvo has launched production of the small S40 sedan. The production is a consortium of automotive industry with the Mazda Motor of Japan and China’s Chang’an Motor Chongqing in the municipality. He said business is under a technical licensing agreement. Arp sees the business venture as “a big step” towards the objective of improving China’s sales.
The second generation Volvo S40, with V40 and V50, launched in 2004. S40 platform based on the Volvo P1. Previously, the car is built only at the Volvo Cars factory in Ghent, Belgium. Now that the car is started with the company, the Volvo S40 performance parts can now be assembled in China Volvo factory.
Volvo Cars China claims that the company’s sales in the nation are expected to reach 9,000 vehicles this year. Said rate is 80 percent higher than sales a year earlier. The following year, the industry expects to increase sales at the same rate or more than expected this year.
In addition to S40, Volvo Cars, including all new large-S80 sedan and the imported sport utility vehicle XC90 will be available in China. Volvo S80, executive car, imported car market in 1999 as a replacement sedan Volvo 960/S90. The assembly of Volvo S80 platform based on UEDC. Currently, the car is the flagship model of automobile.
Volvo XC90, on the one hand, is a medium-luxury crossover SUV built in Torslanda Volvo factory in Sweden. Last year, new V8 Volvo engine added to Volvo XC90 parts. The new engine produces 311 horsepower and 325 ftlbf torque. The car was updated for 2007 model. The new version debuted in 2006 New York Auto Show.
Analysts said the premium cars like Volvo cars have huge growth potential in China. Currently, wealthy population, which is the purchase of Volvo is expanding rapidly in the state.
Kimberly Meyer is an expert when it comes to automotive issues. It is the manager’s own production of automotive components company. This 33 year-old maiden is also a talented writer.

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