Volvo Car CEO highlights balanced footprint behind better results

2015 was a year of strong recovery for Volvo Car Group, supported by an increasingly global footprint. The OEM's operating profit tripled year-on-year to SEK 6.62bn (US$780.2m), with revenue up 19% to SEK 164.043bn. Sales volumes broke the half-million mark for the first time at 503,127 units, a notable jump from the 466,000 sold in 2014.