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June 17, 2014
06:36 EDTVOLVYVolvo China export strategy pinpoints new Geely plan phase, Reuters says
Volvo's goal to turn China into an export hub shows parent company Zhejiang Geely is out to disprove pessimists who are doubting Chinese companies' ability to manage worldwide consumer brands, according to Reuters, citing comments from an executive who requested anonymity because he is not authorized to speak with reporters. The car manufacturer is hoping to surpass its FY14 China sales target by at least 13%. Reference Link
News For VOLVY From The Last 14 Days
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October 1, 2015
05:32 EDTVOLVYALLDATA Europe announces licensing agreement with Volvo
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September 28, 2015
06:57 EDTVOLVYNHTSA mulls Takata air bag recall expansion, Bloomberg reports
The National Highway Traffic Safety Administration, or NHTSA, is mulling an order that would expand that recalls of Takata (TKTDY) air bags and has contacted seven manufacturers who may be affected, including Volkswagen (VLKAY) and Tesla (TSLA), Bloomberg reports. Takata had identified seven companies that it has supplied with air bag inflators that use ammonium nitrate propellant, the report says, citing NHTSA letters dated September 22. The NHTSA also contacted Mercedes-Benz (DDAIF), Jaguar Land Rover (TTM), Suzuki (SZKMF), Volvo Trucks (VOLVY), and Spartan Motors (SPAR), the report says. Reference Link

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