Volvo buys 100% shares Polestar

Posted on 14-07-2015 at 10:26 by CasperH – 45 Comments”

As of now, the company that specialized in the speed of Volvo’s, owned by Volvo. And that is good news, because that means more hot volvos!

Mercedes has AMG, Audi has Quattro GmbH, BMW has “M” and now Volvo has also its own complete performancelabel in the form of Polestar.

Until now, Polestar, the official partner of Volvo, and developed faster versions of the cars that Volvo builds. Also works on future smooth hybrids. In addition, runs the Business also has a number of racetakken, Volvo’s build for participation in various race classes around the world.

But today let Volvo through a press release to know that the 100% of the shares and the Business has purchased. Thus they get more influence in the company and they can easier sexy Swedish performancekarren build. At this time, expect Volvo in 2015 of about 750 V60 and S60 Polestars will provide, but this should in the medium term to grow to 1000 to 1500 cars per year. In addition, Volvo earn money on selling aftermarket kits and the Business.

There are no financial details released about the deal. However, all Polestar employees now officially the Volvo employees. Christian Dahl (the former owner of the Business) remains closely involved with the brand now under Volvo.

Gallery: Volvo S60 V60 Polestar

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