Volvo is really a luxury brand for its quality and safety.

First of all, the quality of Volvo is good. I think the real owner has the most say. After a cursory look at the real owner’s answer below this question, I think I don’t need to repeat the answer. In short, I want to buy a car and go for a test drive first.

Let me briefly talk about some opinions about the rumors of poor quality.

First of all, it was mentioned that various votators on social media touted Volvo’s high safety, thus questioning exaggeration. There is no denying that Volvo can’t get away with it every time, but the root cause of many cases is that under a certain accident base, the number of times Volvo didn’t suffer too much damage in actual collisions must be better than other brands, so there will be so many cases. If it is said that touting one’s own advantages will also attract criticism, then I think the problem may not lie in Volvo products, but in people’s hearts.

Secondly, Volvo was under Ford in the past few years, and the problem of gearbox tuning has been criticized, which persuaded a group of car buyers. However, this problem has been well solved since Volvo changed the Aisin gearbox, and now Volvo’s power system is still very reliable.

Let’s take a look at Volvo’s new car quality ranking in recent years. Let’s first take a look at what this J.D.Power is. J.D. Power’s research is famous for its independence and objectivity, and it is one of the most professional and authoritative market research companies in the world. At the same time, J.D. Power has gained high recognition in the global industrial and commercial circles in terms of automobile customer satisfaction index, and its investigation and research strength in the global and China domestic industries is second to none.

In 2010, the first year that Volvo was bought by Geely, Volvo’s C70 was rated as the best compact luxury sports car by J.D.Power. Then in 2014,
(
get away
) also ranked first in the segment list of medium-sized luxury SUVs announced by J.D.Power. In the same year, Volvo pressed BBA to rank second in the quality list of J.D.Power luxury brands with the score of "45 cars per 100 cars", second only to Porsche.

Looking at the China Quality Research Report published by J.D.Power in 2021, Volvo ranks in the top three, second only to Hehe, which shows that Volvo has been doing this piece of quality with heart.

Finally, we talked recently about the XC40 pure electric ice-breaking experiment conducted by Volvo a few days ago. Although there may be moisture, we have to say that if you pull some new electric assembly cars to freeze at MINUS 20 or 30 degrees, can you drive them out or not? The XC40 pure electric energy frozen for 48 hours can show that Volvo not only passed the quality of oil cars, but also grasped the quality of trams in the process of electrification development.

In the final analysis, it is impossible for Volvo to have no quality problems at all, but most of them are harmless minor problems, which is one of the reasons why Volvo’s repurchase rate has been relatively high. Finally, I think non-car owners don’t have to worry about the quality of Volvo, but prospective car owners can buy it with confidence.

Li Ning’s revenue increased by 7% in 2023, and basketball running and fitness category contributed over 60%.

  Li Ning’s performance in 2023 shows that the three core professional sports categories account for 64% of the total revenue.

  In 2023, sportswear brand Li Ning released a performance report. The report shows that the group’s revenue increased by 7% year-on-year to 27.598 billion yuan; Gross profit increased by 6.9% year-on-year to 13.352 billion yuan, and the overall gross profit margin was 48.4%, which was consistent with the previous year. In addition, the profit attributable to equity holders of the Group was 3.187 billion yuan, the interest rate attributable to equity holders was 11.5%, and the net operating cash inflow increased by 19.8% year-on-year to 4.688 billion yuan.

  Aspect 1: In terms of categories, the running water of the three core professional sports categories of basketball, running and fitness accounts for 64% of the total revenue, among which the running water and fitness water increased by 40% and 25% respectively, showing the important role and market growth potential of these three categories in Li Ning Group.

  Aspect 2: In terms of sales channels, direct sales revenue has increased by 29%, and offline discounts have improved year-on-year. The annual wholesale flow achieved a low growth rate of 10%-20%, indicating that Li Ning maintained a stable performance in offline business.