Volvo Car has abandoned its target of selling 1.2 million cars by 2025, confirms CEO Jim Rowan in an interview with Automotive News Europe. “The China market has changed dramatically in the last two or three years,” said Rowan. “The new car market there has diminished because there is now a big second-hand car market, which China never really had before”. This comes after the company slashed its 2024 full-year sales growth forecast by 3 percent. Volvo had initially forecast a 15% growth in retai

Due to the weak Ringgit against major foreign currencies, Lotus Cars Malaysia has had to revise the pricing of its electric Eletre SUV and the premium Emira sports car, leading to a rise in prices. The initial indicated pricing announced during the Malaysian launch in April for the mid-range Eletre S has been increased to RM 698,000 (up by RM 50,000) while the range-topping Eletre R now costs RM 838,000 (up by RM 40,000). Prices listed for the Eletre are applicable in both Peninsular Malaysia an

The pending arrival of the new 2022 Volvo XC60 facelift was just teased on Volvo Car Malaysia’s (VCM) official Facebook page. The facelift made its world debut in March 2021 and the refreshment exercise is limited to very minor changes on the exterior. As we’ve mentioned, not much has changed for the 2022 Volvo XC60 facelift. For the XC60 Inscription package, the most noticeable change is the slightly redesigned bumper. The front bumper now features sharper more angular lines that and has a chro

As of 1-October 2021, Volvo Car Malaysia will provide a lifetime parts warranty on selected genuine parts which are purchased and installed at Volvo authorised service centres. Known as the ‘Customer Lifetime Parts Warranty’, coverage of parts commences from the purchase date and remains valid as long as the car falls under the ownership of the registered car owner. In the event that customers require repair or replacement for any genuine Volvo parts due to a material or manufacturing defect, Vo

Volvo Car Malaysia today paved a new path for customers with the launch of its 360 total-care used car programme known as Volvo SELEKT. The programme is created for the discerning customers in mind, who want the same uncompromising excellence and quality of a new Volvo car but at a price point they desire. Each pre-owned Volvo car under the Volvo SELEKT programme is guaranteed to be under five years old and has less than 100,000 km in mileage. Once it qualifies under the programme, the car will

Volvo Cars and Geely announced that they have plans to create a standalone business focused on developing the next generation combustion engines and hybrid powertrains. The new arrangement is to allow Volvo Cars to focus on developing electric drivetrains. Volvo has high hopes that by 2025, 50% of the brand’s sales volume will be fully electric. This latest development comes in line with Volvo Cars’ ambitions to include a hybrid and full-electric powertrain for all their models. For Geely, the p