News that Geely-owned Volvo Cars had made first quarter earnings gains thanks to strong sales of its recently launched, and high margin, XC90 luxury SUV drew a lot of just-auto reader eyeballs this week. Thus proving my long-held theory that new product, and lots of it, usually leads to profits. Volvo has continued the new model roll with the S90/V90 and there's more to come - I'm off to Sweden next week to learn more about the products we can expect on the new CMA architecture co-developed with Geely.
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