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William Maley

Sales: October 2012: Volvo Cars of North America

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Volvo Announces October Sales

ROCKLEIGH, N.J. (Nov. 1, 2012) - Volvo Cars of North America, LLC, (VCNA) reported U.S. sales of 4,200 units, a 14.3 percent decrease from October 2011. Year-to-date sales are down 2.2 percent over the first ten months of 2011.

The top seller for the month was the XC60 crossover with 1,562 units sold, an 82.1 percent increase from October 2011.

New Volvo buyers benefit from Volvo's Safe + Secure Coverage Plan. A complimentary program, Safe + Secure wraps a comprehensive list of benefits into one package. Specifically, it provides:

  • 5 years/50,000 miles of New Car Warranty
  • 5 years/50,000 miles of Complimentary Factory Scheduled Maintenance
  • 5 years/50,000 miles of Wear and Tear Coverage
  • 5 years/Unlimited miles of Volvo On Call Roadside Assistance.

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I've always liked the Swedish cars (as evidenced by the fact that I have owned 3 Saab's in the past). I've always thought Volvo's and Saab's were great cars but just priced too high for the market. Without cheap lease deals they didn't move. I wonder why neither Ford or GM tried to price them a little down market to improve sales? Same thing with Volvo's current Chinese owners. It is really hard for them to compete at the same price point as BMW, Mercedes, Lexus and Cadillac.

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      Care By Volvo was one of the first new car subscription services to launch. It offered a buyer an XC40 with a yearly allowance of 15,000 miles; maintenance, insurance, and a concierge service for either $600 or $700 per month for 24 months. But the service had some hiccups with various issues dealing with paperwork and not hearing back from dealers. 
      "The process was very, very stretched. We have learned that the process needs to be smoother, and also the process related to insurance and all the rules in all the states in this beautiful country ... we have learned a lot," said Volvo's North American CEO, Anders Gustafsson to Roadshow.
      A key example is having a larger stockpile of vehicles allocated for subscribers. The entire Care by Volvo allotment of XC40s sold out in four months, causing Volvo to push deliveries of new XC40s through the service till next year. Gustafsson admits Care By Volvo is "far away from where we would like to be." But he believes the S60, the next vehicle to be offered through the service will be much smoother.
      Roadshow also asked Gustafsson what's next for Care By Volvo. He revealed that it could be used cars.
      A used-car subscription service "is probably 50 percent of the questions that we receive from our customers and from our retailers," said Gustafsson.
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      Source: Roadshow

      View full article
    • By William Maley
      Care By Volvo was one of the first new car subscription services to launch. It offered a buyer an XC40 with a yearly allowance of 15,000 miles; maintenance, insurance, and a concierge service for either $600 or $700 per month for 24 months. But the service had some hiccups with various issues dealing with paperwork and not hearing back from dealers. 
      "The process was very, very stretched. We have learned that the process needs to be smoother, and also the process related to insurance and all the rules in all the states in this beautiful country ... we have learned a lot," said Volvo's North American CEO, Anders Gustafsson to Roadshow.
      A key example is having a larger stockpile of vehicles allocated for subscribers. The entire Care by Volvo allotment of XC40s sold out in four months, causing Volvo to push deliveries of new XC40s through the service till next year. Gustafsson admits Care By Volvo is "far away from where we would like to be." But he believes the S60, the next vehicle to be offered through the service will be much smoother.
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    • By William Maley
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      Source: Volvo


      New Volvo V60 Cross Country takes the Swedish family crossover utility off the beaten path
      Volvo Cars, the premium car maker, today revealed the new Cross Country version of its V60. The rugged V60 Cross Country is the latest addition to the company’s line-up of brand new Volvos that underpins the company’s transformation in recent years.
       
      Like its V60 sibling that was launched earlier this year on the driveway of a Stockholm villa, the V60 Cross Country personifies the versatile Swedish family crossover utility vehicle. To that profile, it adds the capability on and off the beaten track that has defined Volvo’s Cross Country range since its introduction in 1997, taking the V60 from the suburb to the skogen (Swedish for forest).
      “With the new V60 Cross Country, we take our Swedish family estate from one natural habitat to another,” said Håkan Samuelsson, president and chief executive of Volvo Cars. “We invented the Cross Country segment over 20 years ago and with this car, we reinforce our long-standing pedigree in safe, capable and versatile family cars.”
      Ground clearance for the V60 Cross Country is up to 75mm higher than the regular V60, thanks to the specially developed Cross Country chassis and suspension that enhance the car’s off-road capability. All-wheel-drive is standard on the new V60 Cross Country, as are Hill Descent Control, Electronic Stability Control, Corner Traction Control and a special Off-Road driving mode.
       
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      The new V60 Cross Country is also available through Volvo Cars’ premium subscription service Care by Volvo, which offers car access via a monthly flat-fee subscription rather than ownership.
       
      “The V60 Cross Country is every bit as refined as the other 60 and 90 Series cars based on our SPA platform,” said Henrik Green, senior vice president of research and development at Volvo Cars. “The added versatility makes it at home in town and country, thanks to a higher seating position, increased ground clearance and dynamic all-wheel-drive capabilities.”
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      Volvo Cars’ Sensus Connect infotainment system is fully compatible with Apple CarPlay, Android Auto and 4G, and keeps drivers connected regardless of whether they travel in urban areas or across the countryside. The intuitive tablet-style touchscreen control combines car functions, navigation, connected services and in-car entertainment apps.
       
      The new V60 Cross Country will be available with a T5 AWD propulsion system. Mild hybrid and plug-in hybrid variants will follow at a later stage. 

      View full article
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