Volvo Cars

let's

send them a bill for a new Volvo.

Yeah.

I'm not really sure.

None of

this Volvo stuff.

Well, we need to have our meeting afterwards and talk through and have some, you know, so we're looking at, you know, safety and mom's love

you.

More than 200,000 Polestar 2s have been built, and Norwegian buyers are now getting directed to the available stock rather than a configurable new factory order.

The car established Polestar as an EV brand after being spun out of Volvo.

In fact, the Polestar 2 was meant to be a Volvo, the sedan version of the XC40.

And it's approaching its end of life for its first iteration.

And it's coming back in early next year as the new Polestar 2, one of four new vehicles in the company's three-year launch program.

In 2004, I was back in the States.

I had Hershey, Ford, Toyota, Mazda, Volvo, Kraft, and American Express as clients.

I had done all of their scopes of work with their agencies, which included Saatchi and Ogilvy and a bunch of others.

And in every case, the agency resources and fees were exactly right for the scope of work.

Episode 267, a few headlines from our European brands.

We heard about Volvo's numbers for Q3.

A couple of announcements or moves from Audi China that we should talk about.

Tesla earnings, GM earnings.

I was at the GM Global Markets Drive and the GM Forward event, basically for the first half of this week.

Let's start with the European brands, Volvo.

Yeah, I just saw some numbers that they posted on the earnings report.

Basically, nearly 50% off on revenues in China

Honda dealer down.

Volvo, Georgia.

Luxury pre-owned dealer in DC metro area, and it's slow.

So it's like, There is a bit of, you know, different stories for different brands in different parts of the region.

And I won't mention who I think the other two are, but let's leave it at that.

So in terms of product, I think they're right up there, especially with this vehicle, with European rivals and I suppose one of the main rivals that you would look at for this vehicle would be something like the Volvo XC90 T8 plug-in hybrid.

I don't have the price of that right in front of me now but I think personally in terms of a technology and luxury point of view and yes we can you know there are major design differences the Volvo being a Swedish car with all of the the benefits of design that comes with that, but at least I think they're on par in terms of luxury and quite possibly build quality as well.

Well, I was going to ask you about that before I let you go, is in terms of what's the longevity of these cars? I mean, it's very hard to say right now because many of these models have not sort of done the test of time in terms of five years or ten years, but your general impression, what's your feeling in terms of what these cars could look like in terms of the second-hand market?

It is a challenge in South Africa because we keep our cars for longer than many other markets.

And I found out that he liked old cars.

So I came down with my iPad and it had a Volvo and it had a VW Beetle and it had a Jaguar XJX because they're the cars he owned.

And I love old cars.

I've had old BMWs and you name it.

And if I, you know, if I said to her, but, you know, this is a really good Chinese car and it offers amazing value, she will just not.

It's already hard for her to get into a Volvo or a BMW, let alone a Geely or a Chery or a GWM.

It's nice to know us journalists have friends who are bankers, Justice.

Justice, thanks.