Helped by an ability to sell its flagship XC90 cross/utility vehicle without incentives and lower development costs for its all-new entry-level vehicles, Volvo Car is improving its margins, says Chairman Hans-Olov Olsson. By sharing components and development costs with Mazda Motor Corp. and Ford Motor Co. for the ’04-1/2 S40/V50 models that recently went on sale in Europe, Volvo was able to achieve savings of 20%-25%. The Volvo chief says that scale of economy on product cost could save ...
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