On 22nd, Jan 2008, the Swedish Volvo Enterprise signed the second premise lease contract with LinGang New-Economic Park after the first corporation on 23rd Nov, 2007. The contract signed this time, with only two months after the previous one, showing the company’s big expectation on the promise of the future for LinGang, whereas, it is an also kind of full acceptance on LinGang New-Economic Park.

Benefit from the constantly released advancing products and technology innovation, the fast developing Volvo automobile enterprise reached the sales amount at 458,323 sets, increased 7.1%. Among all of the vehicle models, the most marketable one is XC90 which has sold at 79,140 sets. However the global released C30 with peculiar and novelty designing autos got considerable steep rise, there were 46,726 sets sold in 2007. In recent two years, Volvo automobile industry has always stepped into a fast development period in China with the growth rate was kept above 50%.

In 16th, Jan 2008, on the activity of ‘Best Car 2008’ held by vehicle evaluation exhibition institute, Volvo S80 was honored with the top one of the heavyweight prizes----Administrative and Comprehensive Vehicle Model. Automobile which competes with Volvo still gets Mercedes-Benz E, BMW#5 series, Audio A6L, Lexus GS series and Jaguar the numerous luxury vehicle model. This time awards won has fully reflected the admittance and support of Volvo no matter from consumers or markets.

The ‘best car’ evaluation found by renowned German vehicle magazine ‘Auto Motor und Sports’ in 2008 has now stepped into the 32nd year. Because of its authority and representativeness, and also it can objectively reflect the status in local consumers mind among all of the vehicle competing brands, the evaluation however was attached more importance by the automobile manufacturer. The ‘best car’ has been one of the most important activities in the nation’s auto industry.

Sweden is the Ninth trade partner of European Union for China, the trade relationships has kept with upstanding trend in these years. On the occasion of the Chinese leader’s visit of Sweden, Volvo also expects to make certain contributions through their endeavor for the trade relationship for both countries.
With the marvelous increasing of the auto sales achievements, Volvo engine production has also been gradually prosperous. The case of Volvo engine which has brought in production has fully shown the company’s unprecedented foresight of the development of Chinese market. Source from the industry exposed that the Sweden Volvo is planning to move the Asia-Pacific Center into LinGang New City.
The enlarge of the workshop this time by Volvo this time is not only an assurance of service and environment of our New-Economic Park, beautifying perfectly for our company’s property consultant management work for 2008 with a good start, but also the second auto brand Volvo engine parts dispatching assembling place after the previous SAIC Roewe who has been stationed in our park for its engine parts dispatching center.