Core Viewpoint - Volvo Cars emphasizes its commitment to safety across both fuel and electric vehicles, showcasing its nearly century-long legacy of safety innovation at the 23rd Guangzhou International Auto Show [1][3]. Group 1: Brand Commitment to Safety - Volvo has been a leader in automotive safety for 98 years, maintaining its core value of safety through the transition from fuel vehicles to electrification [3]. - The brand's flagship model, the Volvo XC90, has achieved global sales of over 1.65 million units, establishing a safety legacy in the luxury SUV market [5]. - The new XC90 continues to evolve while preserving its classic safety genes, setting a new benchmark in the luxury fuel vehicle market [5]. Group 2: Electric Vehicle Innovations - The new XC70, built on the SMA super hybrid architecture, features a high-strength boron steel safety cage and premium interior materials, enhancing overall safety [6]. - In October 2025, combined sales of the XC70 and XC60 exceeded 8,000 units, positioning them among the top tier of luxury mid-size to large SUVs [6]. Group 3: Social Responsibility and Community Engagement - Volvo's commitment to safety extends beyond vehicles, with the establishment of the Volvo AED Road Ambassador Alliance, which has over 1,300 members, effectively adding 1,300 "mobile ambulances" to the roads [8]. - The company actively engages in various public welfare initiatives, such as the "Little Red Horse Safety Education Campaign" and the "Love Plan," demonstrating its social responsibility [8]. - Volvo's safety philosophy is rooted in a deep respect for life and love, aiming to extend safety measures into broader societal contexts [9].

本报讯 （记者张文湘 见习记者占健宇）11月21日，第二十三届广州国际汽车展览会拉开帷幕，沃尔沃汽车集团（以下简 称"沃尔沃"）带来了豪华长续航超混SUV沃尔沃全新XC70，并宣布2026款全新沃尔沃XC90正式上市。同时，奥运冠军郭晶晶 作为品牌代言人及沃尔沃AED道路使者联盟公益大使亮相展台，分享了作为车主的安全体验。 （编辑 李家琪 张昕） 此次车展发布的全新XC90是沃尔沃家族安全科技的集大成者，该车采用硼钢闭环的超强"笼式结构"，这意味着即使是用 户不太关注的C柱也包裹了"钢筋铁骨"。而今年上市热卖的沃尔沃全新XC70，其"三路三区"吸能卸力技术亦是一大亮点。 据悉，沃尔沃全新XC70与沃尔沃XC60一起，组成"沃尔沃豪华SUV双子星"。今年10月份，双车累计销量已超过8000台， 助力沃尔沃跻身豪华中型到中大型SUV市场第一梯队。 值得关注的是，沃尔沃的安全理念已从产品延伸至社会层面。2024年3月份，沃尔沃品牌成立了业内首个官方AED组织 ——沃尔沃AED道路使者联盟，即使非车主也可以加入，目前成员超过1300人。此外，沃尔沃还多次发起了包括"小红马安全 教育公益行动""爱心计划"等在内的众多公 ...

Core Insights - Chinese automakers, led by BYD, are dominating the electric vehicle market in Europe with advanced technology and competitive pricing, while traditional European manufacturers maintain a foothold in the plug-in hybrid vehicle segment [1][7] - The shift towards plug-in hybrid vehicles in Europe could see Chinese companies capturing significant market share by 2035, as they continue to introduce lower-priced and longer-range models [1][7] Market Dynamics - BYD Seal U has become the best-selling plug-in hybrid vehicle in Europe, capturing approximately 5.5% market share in the first nine months of 2025 [2] - In the UK, Chery Jaecoo 7 was the best-selling plug-in hybrid model in August [2] Competitive Landscape - Traditional hybrid models like Toyota Prius, which use conventional engines and smaller batteries, often have lower purchase and operating costs compared to plug-in hybrids [4] - Chinese manufacturers are expanding production and mastering battery supply chains, making their plug-in hybrids more affordable [4] - Chery Omoda 7 is set to launch in the UK with a starting price of £32,000, lower than Toyota and Honda's hybrid models, while offering a pure electric range of 56 miles (90 km) [4] Sales Growth - The sales of plug-in hybrid vehicles in Europe have surged, with a 32% year-on-year increase in the first nine months of this year, nearing 920,000 units [5] - Electric vehicle sales also grew by 25%, reaching 1.8 million units [5] - Plug-in hybrids accounted for 10% of new passenger car sales in the region during the third quarter, with about one-seventh being new models from Chinese companies [5] Future Outlook - European traditional automakers are losing competitive edge in plug-in hybrid technology to Chinese manufacturers [7] - The EU's tightening of carbon emission regulations and the potential reduction in subsidies for plug-in hybrids may impact future demand [7] - The International Council on Clean Transportation (ICCT) reports that plug-in hybrid vehicle sales in China have surged from approximately 240,000 in 2020 to 4.9 million last year, capturing 19.5% of the new passenger car market [8] - The average range of Chinese plug-in hybrids is 116 km, compared to 78 km in Europe and 70 km in the US [8]

新华财经上海11月20日电（李一帆）近日，新华财经采访了解到，部分沃尔沃车主反映其车辆在正常使 用过程中出现凸轮轴异响、发动机故障等问题，发生频率较高，已引发越来越多消费者的不满和维权行 为。 这一事件不仅暴露出沃尔沃在产品质量与用户责任上的缺失，更进一步看，也是当前汽车行业深陷"价 格战"，"隐性减配"大行其道透支品牌信任的普遍困境。 众多沃尔沃车主"中招"凸轮轴故障，暗藏安全隐患 北京车主刘先生近日告诉新华财经，其购买的2022款沃尔沃XC60在出质保期四个月后，熄火时出现发 动机异响与明显抖动。经4S店检测，故障源于凸轮轴密封环损坏，如果不及时更换，机油可能泄漏至 下方正时皮带，导致皮带软化断裂，进而引发高速行驶中动力中断、失速的风险。浙江车主张先生的同 年同款车型也在出保后反复出现发动机故障提示，维权无果，最终只能自费更换凸轮轴。 甘肃车主吴先生于2024年购买的沃尔沃S90 B5智远豪华版新车，行驶1万余公里，尚在三年质保期内， 仪表盘就出现"发动机系统故障，请联系售后"的严重报警，4S店检测后确认为凸轮轴损坏。 类似情况并不少见，有车主反映，其所在的车友群中约有20%的车主遇到同类故障，更有多个维 ...

Core Insights - Volvo's sales have shown a downward trend despite a seemingly good performance since 2025, with a notable 12% year-on-year decline in global sales in June [2][3] - The company has initiated significant cost-cutting measures, including a plan to reduce costs by 18 billion Swedish Krona (approximately 1.9 billion USD) and a global workforce reduction of 3,000 employees [4] - The introduction of aggressive pricing strategies has led to a backlash from existing customers, raising concerns about brand value and resale rates [5][6] Sales Performance - In September, Volvo sold 12,802 new cars in China, marking a 1.1% month-on-month increase, but overall global sales have been declining [2] - Global retail sales in Q3 were 160,500 units, down 7% compared to the same period in 2024, with significant monthly declines observed in July and August [2] - Electric vehicle sales have been particularly hard hit, with a 26% drop in sales for pure electric models, which accounted for only 22% of total sales [2] Cost-Cutting Measures - Following a significant profit drop in Q1, Volvo launched a cost-cutting initiative and announced layoffs affecting about 7% of its workforce [4] - The company has implemented price reductions on several models, with discounts exceeding 140,000 RMB on new vehicles [4][5] Customer Sentiment - The aggressive pricing strategy has led to dissatisfaction among existing customers, who feel undervalued as new buyers benefit from lower prices [5] - Volvo's resale value has suffered, with a reported depreciation rate of 43.1%, placing it at the bottom among luxury brands [5] Electric Vehicle Strategy - Volvo is focusing on full electrification as a key strategy for future growth, with the launch of new models like the XC70 and the upcoming EX60 [6][7] - The EX60, built on the new SPA3 platform, is critical for demonstrating Volvo's electric technology and market competitiveness [7][8] Market Challenges - The luxury car market is facing intense competition from emerging Chinese electric vehicle brands, challenging Volvo's traditional market position [8] - Quality issues and recalls have undermined Volvo's reputation for safety, which was once a key competitive advantage [8]

10月17日，中国质量协会发布了2025年中国燃油汽车行业用户满意度指数(CACSI)测评结果。在本次测评中，沃尔沃汽车再度荣膺"豪华品牌售后服务满 意度第一名"，连续两年斩获此项殊荣。同时，旗下明星车型沃尔沃XC60凭借卓越的产品实力与用户口碑，一举夺得"豪华中型SUV满意度第一名"。这两 项荣誉，不仅是行业权威对沃尔沃汽车品牌价值的高度认可，更是广大用户用真实体验与信任投出的满意票，标志着沃尔沃汽车在产品与服务两大核心领 域实现了全面领跑。 | | 沃尔沃XC60再夺桂冠 | | --- | --- | | | 获评满意度最高的豪华中型SUV | | | 2025年中国燃油汽车行业用户满意度指数 (CACSI) 测评排名 | | | 沃尔沃XC60 | | NO.1 | 83.1 | | NO.2 | 奥迪Q5L | | | 82.5 | | NO.3 | 空中GLC | | | 82.4 | | | 林肯航海家 | | NO.4 | 82.0 | | | 凯迪拉克XT5 | | NO.5 | 81.5 | | | 沃尔沃XC60 | | --- | --- | | NO.1 | 83.1 | | NO. ...

Order Situation - Average store new orders: 10 to 12 units [6] - Store visit ratio: 25% to 30% [6] - Increase in store visits: 50% to 70% [6] - Strong performance in first-tier cities, especially in the Sichuan-Chongqing region, driving overall test drive increases during the National Day holiday [8] Customer Profile - Age range of customers: 35 to 55 years [7] - Male proportion: 75% [7] - Customers are generally high-educated, high-income individuals who prioritize vehicle safety [10] - Customer sources are evenly split between traditional luxury brands (BBA) and new energy vehicle brands, with some long-term Volvo brand loyalists [10] Configuration Preferences - Main selling configuration: All-wheel drive with ultra-long range Plus at 319,900 CNY [9] - All-wheel drive vehicles account for 95% of sales, while two-wheel drive accounts for 5% [9] - Preferred color: Dawn Gray (main selling color) [9] - Higher proportion of full payments than expected, with most customers opting for the second-highest configuration [13] Competitive Comparison - Among 10 customers, 2 compared with Volvo XC60, 2 with AITO M7, 2 with traditional BBA fuel models (Q5L, GLC), and 1 with Li Auto L7 [12] - New energy vehicle customers are increasingly visiting showrooms, focusing on safety and performance when comparing with AITO M7 and market share when comparing with Li Auto L7 [15]

Core Viewpoint - The significant price disparity between electric vehicles in Taiwan and mainland China highlights structural issues within Taiwan's automotive market, particularly in the new energy sector [1][4][22]. Price Disparity - The price of vehicles in Taiwan can be significantly higher than in mainland China, with examples showing that the same model can cost up to double in Taiwan compared to the mainland [1][3][9]. - For instance, the Tesla Model 3 is priced at approximately 169.99 million TWD (about 37.8 million RMB) in Taiwan, while in mainland China, it starts at around 23-24 million RMB [8][9]. Consumer Sentiment - Taiwanese consumers express frustration over high vehicle prices, with some describing the experience of purchasing a car in Taiwan as akin to being "robbed" [4][5]. - The perception of high prices is supported by data showing that the average price of new cars in Taiwan is among the highest globally, despite lower average wages compared to other high-price countries [25]. Market Dynamics - The Taiwanese automotive market is heavily influenced by government policies that create barriers to entry for mainland Chinese vehicles, which are seen as a threat to local manufacturers [12][15][26]. - The local automotive industry faces challenges from the increasing presence of affordable electric vehicles from mainland China, which could disrupt the market and profit margins of Taiwanese manufacturers [14][22]. Electric Vehicle Market Growth - The share of electric vehicles in Taiwan is growing, with projections indicating that by 2030, electric vehicles could account for 60% of total vehicle sales [20][21]. - Despite this growth, the electric vehicle market in Taiwan is still heavily reliant on imports, with Tesla being the leading brand [17][20]. Structural Issues - The high prices of vehicles in Taiwan are attributed not only to taxes but also to a lack of local manufacturing capabilities and reliance on imported components, which increases costs [25][26]. - The Taiwanese government's protective measures have not effectively resolved the underlying issues within the automotive industry, leading to a "structural dilemma" that hinders the proliferation of affordable electric vehicles [22][25].

Core Viewpoint - The significant price disparity between electric vehicles in Taiwan and mainland China highlights structural issues within Taiwan's automotive market, particularly in the new energy sector [2][11][24]. Price Disparity - The price of vehicles in Taiwan can be nearly double that in mainland China, with examples such as the Tesla Model 3 priced at approximately 169 million TWD (about 37.8 million RMB) in Taiwan compared to around 23-24 million RMB in mainland China [1][8][17]. - Taiwanese consumers face high vehicle prices regardless of whether they are purchasing imported or local cars, with local prices often exceeding those in mainland China by significant margins [4][5][6]. Market Structure Issues - The high prices in Taiwan are attributed to a combination of high taxes, limited local production capabilities, and a lack of competitive pricing due to protective policies that restrict mainland Chinese vehicles from entering the market [23][24]. - The Taiwanese automotive market is characterized by a reliance on imported components, which increases production costs and ultimately leads to higher consumer prices [23][21]. Consumer Sentiment - Taiwanese consumers express frustration over the high prices, with some likening the experience of buying a car in Taiwan to being "robbed" [5][6]. - There is a growing sentiment among consumers that they are missing out on the benefits of lower-priced vehicles available in mainland China due to political barriers [11][24]. Policy and Regulatory Environment - The Taiwanese government has implemented regulations that limit the import of mainland Chinese vehicles, which are seen as a threat to local manufacturers [12][16]. - Recent policies require a certain percentage of local content in vehicles, further complicating the market dynamics and contributing to higher prices [14][23]. Market Trends - Despite the high prices, the market for electric vehicles in Taiwan is growing, with a notable increase in the share of electric vehicles in new car registrations [17][19]. - The market is expected to continue evolving, with projections indicating that electric vehicles could account for 60% of total car sales by 2030 [19][20].

Group 1 - Toyota and Isuzu have reached a cooperation agreement to jointly develop a new generation of fuel cell buses, with mass production planned to start in the fiscal year 2026 at J-Bus Co., Ltd. in Utsunomiya [2] - Volvo will begin producing its best-selling SUV model, the XC60, at its South Carolina plant starting next year, a move prompted by a 15% tariff on foreign imports imposed by the Trump administration [2] - Toyota's global sales increased for the eighth consecutive month in August, with a year-on-year growth of 2.2% to 844,963 vehicles, driven by a 13.6% increase in the U.S. market despite a 12.1% decline in Japan [2][3] Group 2 - In August, the total import and export value of automotive goods in China was $25.81 billion, reflecting a month-on-month increase of 3.3% but a year-on-year decrease of 0.3% [3] - The import value was $4.17 billion, showing a month-on-month decrease of 7.4% and a year-on-year decrease of 38.4%, while the export value was $21.64 billion, with a month-on-month increase of 5.6% and a year-on-year increase of 13.2% [3]