Volvo Cars' XC40 has added a new addition to its success with five stars and the best rating in the 2018 Euro NCAP test. Thus, the XC40 is one of the safest cars on the road, along with other models considered 'cousins' in the 60s and 90s. The 2018 Euro NCAP test, which introduces new and more compelling safety technology criteria such as autonomous emergency braking and lane tracking systems that detect cycling on the road, is among the most difficult tests to date. The new XC40 also outperformed all other automobiles tested with the highest safety rating under the revised evaluation criteria. "The new XC40 is one of the safest automobiles on the market." "The most comprehensive range of security technologies in any model of the small SUV segment is standard on this new model, allowing drivers to detect and prevent a possible collision, stay safe on their own lanes, allowing them to minimize the effect of their inadvertent departure. " All Volvo cars that were tested and are on the market today showed their success in getting five stars in their Euro NCAP rating in their category. Volvo's XC60 model was chosen last year for the Euro NCAP 2017 Best in Class safety awards, with the best safety performance of 2017 and the best off-road car. The XC90 exhibited the same success in 2015. In March of last year, the XC40, which was selected as the 2018 automobile in Europe, became one of Volvo's best-selling automobiles ever since it became the first Volvo model to win this award. In May, the company announced that it would increase its production volume in its production facilities in Europe and China to meet the increasing demand for this model.
Volvo Car Group's 2017 performance
In the fiscal year 2017 of the Volvo Car Group, the operating profit reached 14,061 million Swedish kroner (11,014 million Swedish kroner in 2016). In the following period the company's revenue reached 210,912 million Swedish Krona (180,902 million Swedish Krona). Global sales rose to a record high of 571,577 vehicles in 2017, up 7.0 percent from the previous year. This successful picture shows that the extensive transformation of Volvo Cars' finance and operations in recent years has prepared the company for the next growth phase.
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