Volvo Cars posted a 15.2 per cent increase in retail sales for the month of February, selling 34,551 cars globally. Sales of the new Volvo XC90 were the main growth driver in all regions, while the XC60 was the best-selling model globally.

Volvo Car Group, the premium car maker, trebled its operating profit for 2015 to SEK6.620bn compared with SEK2.128bn for the same period in 2014. Revenue for the year was SEK164,043m, up from SEK137,590m in 2014.

Volvo Cars, the premium car maker, sold 503,127 cars in 2015, the first time it has sold more than half a million cars in its 89-year history.

Polestar, the performance brand of Volvo Cars, will operate as a dynamic and independent enterprise under Volvo Cars’ ownership, according to Håkan Samuelsson, president and chief executive of Volvo Cars.

Three quarters of the orders for Volvo’s new XC90 are for the top of the range Inscription model, Volvo Cars has announced. Volvo Cars also said it has received nearly 57,000 orders for the new XC90, outstripping forecast sales for this year of 50,000.

Volvo Car UK is setting new standards for its dealerships nationwide and introducing two new initiatives, Volvo Personal Service (VPS) and Volvo Retail Experience (VRE).

Volvo Car UK is setting new standards for its dealerships nationwide and introducing two new initiatives, Volvo Personal Service (VPS) and Volvo Retail Experience (VRE).

Volvo Car UK is setting new standards for its dealerships nationwide and introducing two new initiatives, Volvo Personal Service (VPS) and Volvo Retail Experience (VRE).