Designed around you


2016 in brief


Retail sales up to 534,332 (503,127) units


Net revenue increased to MSEK 180,672 (164,043)


Operating income (EBIT) of MSEK 11,014 (6,620)


Cash flow from operating and investing activities MSEK 6,515 (7,234)
Volvo Cars in 2016

CEO comment

“The car industry is changing rapidly, and an agile Volvo Cars has the possibility to take advantage of opportunities in areas like electrification, new mobility concepts, and autonomous driving.” Håkan Samuelsson, President and CEO

A company with purpose

Our mission is to be the world's most progressive and desired premium car company and to make people's lives less complicated


Corporate objectives

  • Attractive products
  • Being the employer of choice for people who want to make a difference


  • True premium alternative
  • Growth & sustainable profitability
Strategic focus areas

Reaching our corporate objectives

Profitable growth

1. Roll-out of fully renewed product range. Leading the way in Autonomous Driving and leveraging Volvo Cars’ experience in new ventures

2. Further footprint optimisation and new plant in the US

3. Efficiency and flexibility through modularity with new SPA, CMA and Drive-E platforms

4. New Ways to Customers by e-commerce, car sharing, down town studios and service products

Strategic transformation

2010 Volvo Cars acquired by Zhejiang Geely Holding Group

2011 Strategic re-positioning initiated and largest investment programme in our history commenced

2013 New Drive-E powertrain family introduced

2014 The all-new XC90 unveiled – first product on the SPA platform

2015 New record unit sales of 500K and improved profitability achieved

Vision 2020

Creating value

Global presence

With sales in over 100 countries

Technological highlights