Tag Archives: results

Invitation to Volvo Cars’ presentation of the second quarter 2023

Volvo Cars will release its financial results for the second quarter of 2023 on Thursday, 20th July at 06:00 UK time (07:00 CET).

At 08:30 UK time (09:30 CET), President and CEO Jim Rowan and CFO Johan Ekdahl will host a live stream for media, investors, and analysts. The presentations will be conducted in English and will be followed by a Q&A session.

We are looking forward to your participation. Please find below detailed information:

08:30 UK time (09:30 CET)         Presentation for media, investors, and analysts

Link: https://live.volvocars.com

If you are tuning in from China, please use this link: https://live.volvocars.com.cn

During the Q&A session following the main presentation, participants will have the opportunity to ask questions. You can either use the online chat function to type your question or call in. To call in, participants need to register and will receive the dial-in details and individual PIN.

Link to register

For further information, please contact:

Volvo Cars Media Relations

+46 31-59 65 25

media@volvocars.com

Volvo Cars Investor Relations

John Hernander

+46 31-793 94 00

investors@volvocars.com

Watch VW Polo Diesel Perform an Impressive 500-HP Dyno Pull

Modifying the engine of a vehicle can lead to impressive results, especially when it comes to an unassuming car like a regular city car. With some clever modifications and a bit of bravery, a boring hatchback can be transformed into a powerful sleeper. And that’s exactly what happened with the Volkswagen Polo featured in the video above.

Posted on the CCD Video YouTube channel, the 8-minute video showcases how the modest 1.9-liter turbo-diesel engine of the Polo can outperform stock cars that cost more than ten times its price. The base price for a Polo in Germany is around $22,800 (20,830 Euro).

Of course, the Polo in the video is far from stock. It has been upgraded with enhanced injectors, a better cam, a larger turbocharger, and improved intake and exhaust pipes. The sub-assembly remains stock, but there’s a surprising addition to the blacked-out Polo—nitrous oxide.

The first dyno run was done using only the boost from the turbocharger. The 1.9-liter TDI produced 366 horsepower and 587 Newton-meters of torque with approximately 40 pounds per square inch (2.8 bar) of pressure from the hybrid turbo.

When nitrous was introduced, the car achieved 472 hp and 789 Nm. But it didn’t stop there. After a couple more dyno runs, the small Polo managed to reach an impressive 513 hp and 865 Nm from its highly modified diesel engine.

This power output exceeds that of a base Porsche 911, which generates 379 hp from its twin-turbocharged 3.0-liter flat-six engine. It’s also more powerful than a Dodge Charger Scat Pack with its 485 hp 6.4-liter V8 engine. The Porsche starts at $114,400, while the Charger has an MSRP of $50,330.

Furthermore, the interior of the Polo has been stripped down, resulting in some weight reduction. This makes it a true sleeper car that can likely outperform many vehicles that are much more expensive than the modest Polo.

What do you think about this impressive performance? Watch the video above and share your thoughts in the comments section below.

2023 THUNDER VALLEY NATIONAL MX RESULTS

Even though the results looked the same, the third round of the 2023 AMA National Motocross season had a slightly different flavor. Up front, the Lawrence bothers each made it three in a row, but the 450 class showcased several privateers who are breaking out of their assigned roles to mix it up with the factory guys. Most notably, Ty Masterpool overcame a first turn crash to eventually catch the front runners.  The 250 class had yet another first moto winner proving that he can be a threat for the championship. Justin Cooper won the moto and was leading the second when he fell. That gave the overall to Hunter Lawrence, but by no means did he dominate the race. For extended coverage of the 2023 Pro Motocross season, click here.

450 OVERALL RESULTS

1 Jett Lawrence 1 / 1
2 Aaron Plessinger 4 / 2
3 Cooper Webb 2 / 5
4 Adam Cianciarulo 3 / 6
5 Dylan Ferrandis 7 / 3
6 Ty Masterpool 5 / 4
7 Garrett Marchbanks 6 / 8
8 Grant Harlan 8 / 7
9 Fredrik Noren 10 / 10
10 Lorenzo Locurcio 12 / 9
11 Derek Drake 9 / 12
12 Marshal Weltin 11 / 11
13 Romain Pape 14 / 13
14 Luca Marsalisi 15 / 18
15 Tyler Stepek 13 / 38
16 Kyle Chisholm 23 / 14
17 Max Miller 20 / 15
18 Jeremy Hand 19 / 16
19 Jerry Robin 17 / 19
20 Kaeden Amerine 16 / 21
21 Jose Butron 21 / 17
22 Bryce Hammond 18 / 22
23 Brandon Ray 38 / 20
24 Jeremy Smith 24 / 23
25 Jeffrey Walker 26 / 24
26 Mccoy Brough 27 / 25
27 Trevor Schmidt 22 / 30
28 Brandan Leith 28 / 26
29 Zack Williams 30 / 27
30 Dominique Thury 25 / 32
31 Matthew Burkeen 34 / 28
32 RJ Wageman 33 / 31
33 Dawson Draycott 36 / 29
34 Josh Mosiman 31 / 34
35 Bryton Carroll 29 / 39
36 Jace Kessler 32 / 37
37 Terren O’dell 35 / 35
38 Cody Groves 37 / 36
39 Alex Ray 39 / 40
40 Billy Ainsworth – / 33
41 Jacob Runkles 40 / –

250 OVERALL RESULTS

1 Hunter Lawrence 2 / 1
2 Justin Cooper 1 / 4
3 Levi Kitchen 5 / 2
4 Jo Shimoda 3 / 8
5 Chance Hymas 11 / 3
6 Maximus Vohland 7 / 5
7 Jordon Smith 6 / 6
8 Haiden Deegan 4 / 9
9 RJ Hampshire 8 / 7
10 Jalek Swoll 10 / 10
11 Ryder DiFrancesco 9 / 11
12 Caden Braswell 12 / 12
13 Talon Hawkins 14 / 14
14 Dilan Schwartz 17 / 13
15 Derek Kelley 15 / 15
16 Preston Kilroy 13 / 23
17 Slade Smith 19 / 16
18 Chase Yentzer 18 / 17
19 Hardy Munoz 16 / 39
20 Joel Rizzi 21 / 18
21 Marcus Phelps 30 / 19
22 Kai Aiello 20 / 20
23 Gavin Brough 23 / 21
24 Ethan Lane 24 / 22
25 Blaze Cremaldi 26 / 24
26 Tre Fierro 25 / 27
27 Hunter Cross 22 / 33
28 Brantley Schnell 28 / 28
29 Colton Eigenmann 35 / 26
30 Konnor Visger 32 / 29
31 Ashton Bloxom 33 / 31
32 Bronson McClure 31 / 34
33 Bryson Raymond 27 / 38
34 Charles Tolleson 36 / 30
35 Nicholas Inman 34 / 32
36 Tom Vialle 29 / 40
37 Carter Dubach – / 25
38 Ethan Day – / 35
39 Jordan Jarvis – / 36
40 Joshua Varize 37 / –
41 Tyler Evans – / 37
42 Guillem Farres 38 / –
43 Jett Reynolds 39 / –
44 Tyson Johnson 40 / –

£4BN FOR ‘UK PLC’: ROLLS-ROYCE MOTOR CARS – THE GREAT BRITISH SUCCESS STORY

  • Rolls-Royce Motor Cars unveils results of landmark Economic Impact Analysis
  • Total contribution to the UK economy since 2003 stands at more than £4 billion
  • Annual contribution to economy now exceeds half a billion pounds Sterling
  • Rolls-Royce is one of the largest employers in West Sussex, supporting 2,500+ full-time equivalent jobs
  • A further 7,500 jobs are supported in the wider supply chain
  • Major intangible and spill-over economic and community benefits
  • Includes training and education, knowledge and skills transfer within supplier companies and support for local charities and social enterprise
  • Independent study undertaken by London School of Economics (LSE)


“Rolls-Royce Motor Cars is a Great British success story. As we mark 20 years of production at our Home in Goodwood, we do so in the knowledge that not only have we produced some of the world’s most significant super-luxury products, we have also made a major economic contribution to the English county we are based in and, crucially, ‘UK PLC’. Today, I am delighted to unveil the exceptional results of the first ever independent survey of our company’s economic impact locally in Chichester, in the surrounding area and nationally. Conducted for us by the London School of Economics, the study confirms that Rolls-Royce Motor Cars is a major economic contributor and one of the largest employers in West Sussex. As the nation enters a new era with the coronation of His Majesty King Charles III, we are proud to represent the very best of British excellence and endeavour. Through our rare crafts and craftsmanship, international customer base and products admired and cherished worldwide, we are sustaining thousands of skilled jobs and playing a key role in promoting the UK’s reputation as a hub of creativity and innovation.”
Torsten Müller-Ötvös, Chief Executive Officer, Rolls-Royce Motor Cars

“Rolls-Royce Motor Cars represents some of the very best of British design and manufacturing, and the Goodwood success story has been a proud part of Chichester and West Sussex’s heritage and local economy.

We’ve seen a whole generation of quality jobs and cutting-edge skills created over the past 20 years, and I can’t wait to see what the next 20 will hold as Rolls-Royce continues to expand and grow.
The Rt Hon Gillian Keegan, Member of Parliament, Chichester

As Rolls-Royce Motor Cars marks two decades of production at Goodwood, a landmark survey reveals the company’s full and extraordinary impact on both the local and national economies.

The independent study, the first commissioned by Rolls-Royce in its history, was led by Dr Alexander Grous of the London School of Economics & Political Science (LSE) and includes figures up to and including 2022. Furthermore, this study is clear proof that, by putting exceptional products into the hands of the world’s most influential people, Great Britain secures its place as a centre of design, craft and engineering excellence on the world stage and, by extension, the nation benefits.

OVERALL ECONOMIC CONTRIBUTION
The LSE report shows that since production began at Goodwood in 2003, Rolls-Royce has contributed more than £4 billion to the UK economy, serving as a flagship of the nation’s luxury and automotive sectors and, crucially, ‘UK PLC’. This contribution is long-term and sustainable. Rolls-Royce invests around £10 million every year in its facilities and operations to support its production, reflected in a series of ‘record years’ peaking to date in 2022 at over 6,000 motor cars sold worldwide. Rolls-Royce is also able to confirm its standing as one of the largest employers in West Sussex, England.

SUPPORTING JOBS LOCALLY AND NATIONALLY
More than 2,500 people are employed at the Home of Rolls-Royce at Goodwood, including 150 jobs created in 2022 alone. The company also supports more than 7,500 additional full-time equivalent (FTE) jobs within its wider national supply chain. Importantly, Rolls-Royce did not make a single redundancy during the Covid-19 pandemic – one of very few UK manufacturers to maintain its workforce entirely intact.

As one of the largest employers in West Sussex, Rolls-Royce Motor Cars has a substantial positive impact on the local economy. Around 20% of its total annual contribution is generated directly within West Sussex and bordering counties, including salaries and wages of staff employed at the Home of Rolls-Royce. In addition, the company also operates its Technology and Logistics Centre (TLC) eight miles away in Bognor Regis, which supports a further 1,000 direct and indirect jobs.

INDIRECT AND INTANGIBLE CONTRIBUTIONS
Rolls-Royce contributes to the local and national knowledge economies through its leading-edge R&D in fields including hardware, software, electrification, digitalisation and vehicle connectivity. These activities are growing rapidly in both scale and importance, with Rolls-Royce committed to all-electric propulsion by the end of 2030.

The LSE study notes that Rolls-Royce encourages significant innovation, development and improvements within its wider supply chain. Many small and medium-sized enterprises (SMEs) have adopted new technologies, processes and practices to meet Rolls-Royce’s exacting requirements, raising standards and boosting competitiveness across a wide swathe of the UK’s manufacturing base.

Rolls-Royce also produces important intangible benefits for the local economy and population. For example, every year it supports more than 100 apprenticeship, graduate and intern positions, in partnership with local further and higher education institutions, leading to well-paid and highly skilled employment opportunities. The company enjoys close ties with surrounding communities: recent projects include developing a dedicated new car park for The March CE Primary School which adjoins the Goodwood site, and supporting local mentoring and work-based initiatives. In addition, employees nominate their House Charity each year, raising significant sums for local good causes.

A CONTINUING SUCCESS STORY
Rolls-Royce Motor Cars has formally announced proposals to expand the Home of Rolls-Royce at Goodwood. It has acquired land to the east of the current site and planning permission will be sought later this year.

The project’s primary objective is to upgrade the manufacturing plant; some facilities and equipment are now 20 years old and require replacement and upgrading. The company is also looking to increase capacity for its Bespoke and Coachbuild operations, as well as preparing for its new generation of electric vehicles. The first customer deliveries of the all-electric super-coupé, Rolls-Royce Spectre, are due in the fourth quarter of 2023: all new Rolls-Royce models will be electric by the end of 2030.

The expansion does not, however, signal any shift in the marque’s fundamental approach or values: Rolls-Royce is not, never has been and never will be a volume-driven business. The new facility will reflect the fact that the marque is no longer simply an automotive manufacturer, but a true luxury house creating the world’s best, most recognised and highly prized Bespoke products.