Why Are Fewer People Buying Volvo?
1 Answers
Here are the reasons why fewer people are buying Volvo: 1. Price: Volvo maintains strict overall control and has very stringent requirements for car parts. While this ensures reliable product quality, it also significantly increases costs, making the vehicle prices relatively high and exceeding consumers' affordability. 2. Tariffs: Although Volvo was acquired by Geely, it remains a foreign premium brand. Selling in China requires tariffs, and these costs are passed on to consumers. 3. Maintenance: Due to Volvo's strict technical requirements, the level of technical confidentiality is high. However, this also means repairs can only be performed at authorized 4S stores, where prices may be arbitrarily inflated, leading to difficulties in maintenance and high costs.