|Bid||152.00 x 0|
|Ask||152.10 x 0|
|Day's Range||151.60 - 152.50|
|52 Week Range||135.40 - 153.10|
|PE Ratio (TTM)||17.12|
|Dividend & Yield||0.36 (1.93%)|
|1y Target Est||N/A|
Breaking down Volvo's first attempt at a small SUV.
• Care by Volvo is a new premium subscription alternative to buying or leasing a vehicle...
Volvo will seek to emulate the success of its larger XC90 and best-selling XC60 SUVs, which have put it on course for a fourth straight year of record sales. The XC40, which will first be produced at Volvo's plant in Belgium and later also in China, is a direct competitor to the Audi Q3, BMW X1, Mercedes GLA and the Jaguar E-PACE. The XC40 will also launch Volvo's new subscription service, under which customers can pay a flat fee per month - in Europe of 699 euros ($833) - and get a new car every 24 months, just like with a mobile phone.