Volvo Cars Achieves Top Honours In 2024 Newsweek Autos Awards

Four Volvo models have been recognised as the Best vehicle and Top Pick in the 2024 Newsweek Autos Awards. Volvo Cars led all automakers with the most "Best" winners, including the XC60 for Suburbanites and Single, Powerful Women categories, and the EX30 for Urbanites.

Newsweek's awards spotlight the top 10 vehicles in each category, with "Best" indicating the winner and "Top Picks" representing the nine runner-ups. The awards cover 13 lifestyle-focused categories, reflecting new car buyer behaviour. Each category's criteria are evaluated from a lifestyle perspective while considering overall driving and riding experience.

Volvo Tops 2024 Auto Awards

Volvo Cars achieved "Best" and "Top Pick" status in six different categories across four models:

Category Designation Model
Suburbanites Best XC60
Empty Nesters Top Pick XC60
New Parents Top Pick XC40 Recharge
Single, Powerful Women Best XC60
Commuters Top Pick EX30
Urbanites Best EX30
Urbanites Top PickC40 Recharge

Awards Criteria and Eligibility

The Newsweek editorial team only considers vehicles they have driven for eligibility in the awards. This ensures that each vehicle is assessed based on firsthand experience.

The awards are designed to align with how new car buyers behave. They focus on various lifestyles to provide relevant recommendations for different types of consumers.

A Glimpse at Volvo Car USA

The headquarters of Volvo Car USA LLC (VCUSA) is located in Mahwah, New Jersey. A subsidiary of Volvo Car Group of Gothenburg, Sweden, VCUSA has supported U.S. retailers since the 1950s through sales, marketing, parts, service, technology, and training.

The company also operates a manufacturing campus in Ridgeville, South Carolina. This facility underscores Volvo’s long-term commitment to the U.S. market. Additionally, VCUSA maintains offices in California and distribution centres nationwide.

An Overview of Volvo Car Group

Founded in 1927, Volvo Cars is a globally recognised brand with sales in over 100 countries. The company aims to become a fully electric car maker by 2030 and achieve climate neutrality by 2040.

The company's head office is in Gothenburg, Sweden. It also has production plants in several locations including Belgium, China, and South Carolina (US). Research and development centres are located in Gothenburg and Shanghai (China).

"For life. To give people the freedom to move in a personal, sustainable and safe way." This purpose drives Volvo Cars' ambitions towards sustainability and safety.

A Record Year for Volvo Cars

The year 2023 was record-breaking for Volvo Car Group with an operating profit of SEK 25.6 billion. Revenue reached SEK 399.3 billion while global sales hit a record of over 708,000 cars.

This financial success highlights Volvo's strong market presence and commitment to innovation within the automotive industry.

You can find more information about award-winning Volvo cars at volvocars.com or read Newsweek’s complete list of ‘2024 Autos Awards’ at Newsweek.com.

Article Published On: Wednesday, August 7, 2024, 1:50 [IST]
Read more on: #global
Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+