2019 highlights
9.8%
Retail sales up to 705,452 units (642,253)
8.5%
Revenue increased to MSEK 274,117 (252,653)
14,303
Operating income (EBIT) of MSEK 14,303 (14,185)
11,573
Cash flow from operating and investing activities MSEK 11,573 (4,705)

  Autonomous driving

We are well positioned in the area of AD development. For AD features to be successfully rolled out, it is key for consumers to have complete trust in the car. We view our leadership in safety as a key enabler for being their natural choice. For nearly 60 years, since the invention of the three-point safety belt in 1959, our safety innovations have led the industry and saved countless lives. We are continuing that tradition with the development of our AD technology as a key element of our safety innovation work.

  Electrification

We firmly believe that electrification is core to our future busi¬ness. We have made an industry-leading commitment that from 2019 every new Volvo car will be launched with an elec¬tric motor, creating a portfolio of electrified cars across the range – fully electric, plug-in hybrid and mild hybrid cars.

  Connectivity

We are well prepared to meet consumer demand for connectivity related services, and starting with the forthcoming fully electric XC40 Recharge, Volvo Cars is fundamentally rethinking infotainment. Powered by the Android-based operating system, our next-generation infotainment offering will provide consumers even more personalisation, improved levels of intuitiveness and new embedded Google technology and services. Volvo Cars is the first company to team up with Google on integrating an infotainment system powered by Android, with the Google Assistant, Google Maps and the Google Play Store built-in. For the Chinese market specifically, Volvo Cars is working with technology firm Huawei in the area of connected services for new Volvo vehicles.

In 2019 we sold cars in more than 100 countries, making it the sixth consecutive year of record sales.

Retail sales by model (units) Total
XC60/XC60 Classic 204,981
XC40 139,847
XC90 100,729
V60/V60 Cross Country 68,577
S90 56,355
V40/v40 Cross Country 51,542
S60 42,795
V90/V90 Cross Country 40,621
Other (discontinued models) 5
Total 705,452
Headquarters

  Americas

USA
New Jersey: Americas Headquarters
California: R&D and Design Centre
Charleston: Car Production S60

  EMEA

Sweden
Gothenburg: Global Headquarters, R&D and Design Centre, Car Production V60, V60 Cross Country, V90, V90 Cross Country, Xc60, Xc90

Belgium
Ghent: Car Production Xc40

  Asia Pacific

China
Shanghai: Apac Headquarters, R&D Centre
Daqing: Car Production S60, S90
Chengdu: Car Production S60 Classic, Xc60
Luqiao: Car Production Xc40

India
Bangalore: Assembly Factory S90, Xc60, Xc90

Malaysia
Kuala Lumpur: Assembly Factory S60, V60, S90, Xc60, Xc90

Employees per region
73%
Europe
20%
China
5%
US
2%
Other