Volvo has denied speculations that suggest the launch of a flagship model. They made the statement regarding this following the introduction of the Universe concept at the Shanghai Auto Show.
Volvo CEO Stefan Jacoby made it clear in an interview that a flagship is not there in the company’s midterm or long-term strategy. He further said that it is too early to enter the S-class size market with their newly speculated auto. Right the company plans to concentrate with new products on its core segments.
The Universe concept, which debuted recently, has a restrained design and is said to have been built to preview the company’s flagship sedan. It presents an ingenious blend of design and technology packed in a modern and luxurious body. Well, on the speculated flagship model, let’s not expect it anytime soon.