We have some very interesting products. There is more to come in 2007.

China will probably be the most important car market in the world within 5 to 10 years.

Local production will make our position even stronger since we can offer our main volume model at a very competitive price.

We're challenging the very best in the segment by offering refined Scandinavian luxury -- in other words, clean and elegant lines combined with intelligent functionality. Every single detail has been designed with a firm focus on the user's well-being.

We are convinced that the all-new Volvo S80 will be a very strong contender that will win over many new customers. We expect 70 percent of the average volume of 50 000 cars a year to be purchased by customers who do not drive a Volvo today.

We have listened keenly to our customers and refined the cars to boost our competitiveness on both sides of the Atlantic. We already have a winning concept, so the aim was fine-tuning rather than making major changes. More sophisticated lines and materials and a better driving experience without compromising on demands concerning safety and power trains with good environmental properties.