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1,000 cars stuck in heavy snow in Japan

About 1,000 cars were stranded in a massive snowstorm in eastern Japan on Thursday as a cold air system dumped much snow in the...

Slovak carmakers says sales drop is much worse than Russia sanctions

Slovak carmakers have suffered far more problems from the fall of sales in Russia than with EU-Russia sanctions as such, said president of the...
Chairman of Zhejiang Geely Holding Group Li Shufu (L) and former Executive Vice President and Chief Financial Officer of Ford Lewis Booth shake hands in front of a Volvo S60 car in the Volvo Hall at the Volvo plant and headquarters in Torslanda, Gothenburg in this March 28, 2010 file photo

Volvo Car Group Made $ 268 Million In 2014

Volvo Car Group said Thursday that its operating profit rose 17.5 percent last year thanks to record sales in Europe and China. The Gothenburg-based company...