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Posts Tagged ‘volvo news’

Daimler AG May Supply Engines for Volvo Cars

Move comes days after Volvo chairman talks about partnerships.

by on Apr.19, 2018

Volvo may source engines for some of its vehicles from Daimler AG in the future.

Volvo may source engines from Daimler AG, raising the spectre of Mercedes-Benz and the Swedish-Chinese automaker forming some sort of official partnership in the near future.

The revelation comes mere weeks after Geely founder Li Shufu spent more than $9 billion to acquire a 9.69% stake in Daimler AG, and days after he said that partnerships between companies were critical to future growth. He also noted that companies that don’t team up are likely to be gobbled up.

News Now!

Further than supplying engines, Manager Magazin in Germany reported the partnership could extend beyond that into a potential ownership stake in Volvo Cars of “a couple percent.” (more…)

Volvo Hitting Sweden’s Streets With New EV Truck

New truck will make it possible to meet tougher city emissions rules.

by on Apr.13, 2018

The new Volvo FL Electric truck begins work on the streets of Gothenburg, Sweden.

Move over Tesla, Freightliner, Cummins and, well, add one more new battery-electric truck to the growing field of competitors: Volvo’s new FL Electric.

The company’s new 16-ton truck is designed to function in an urban environment, acting primarily as a delivery truck. This will become more important as the number of cities banning diesel engines from city centers continues to increase, now there will be an option to get goods into urban areas.

Industry News!

“We’re immensely proud to present the first in a range of fully electrically-powered Volvo trucks ready for regular traffic,” said Claes Nilsson, president, Volvo Trucks. (more…)

China to “Significantly Lower” Tariffs on Vehicle Imports

Move could help defuse threat of trade war, but unclear how much will change.

by on Apr.10, 2018

Tesla CEO Musk is one of those celebrating China's plans to sharply reduce import auto tariffs.

Foreign automakers have long complained about the hefty tariffs levied on vehicles exported to China, but Chinese President Xi Jinping on Tuesday said his government plans to “significantly lower” duties this year.

The move comes at a time when tensions between the U.S. and China have built to the point where many observers have been fearing the start of a potentially devastating trade war. Just Monday, U.S. President Donald Trump complained in a tweet about “STUPID TRADE” policies that allowed the Chinese to levy a 25% tariff on imported vehicles, compared to the 2.5% duties imposed by the U.S. on most foreign-made vehicles.

More Than Just Headlines!

The Chinese president’s comments leave a lot of questions to be answered before it can be clear what impact the proposed move will have on foreign automakers, but at least one U.S.-based manufacturer is pleased, Tesla CEO Elon Musk quickly tweeting, “This is a very important action by China. Avoiding a trade war will benefit all countries.”

(more…)

Volvo’s Subscription Service Off to Fast Start

Program's already surpassing expected results.

by on Mar.29, 2018

Volvo CEO Anders Gustafson and Heith Rogers talk as Rogers signed up for Care by Volvo.

Volvo Cars new subscription service that kicked off by offering the XC40 is already succeeding.

Anders Gustafsson, president and CEO of Volvo Cars USA, said during the company’s press conference at the New York International Auto Show that the company’s new subscription service launched with the introduction of the new XC40 is already off to a promising start.

Stay Plugged In!

Volvo expected subscriptions, where customers pay one flat price, to account for about 10% of XC40’s total sales. “We’ve already hit that,” he said. In addition, Volvo customers can now sign up for a subscription through Apple Pay. (more…)

Volvo XC60 Lands Honors as World Car of the Year

Six World Car Awards help open 2018 NY Auto Show.

by on Mar.28, 2018

Volvo's Anders Gustafsson accepts the trophy for the World Car of the Year for the XC60.

Volvo racked up another award for its expanding line-up of SUVs as the 2018 New York International Auto Show opened up its annual media preview.

Already honored as North American Utility Vehicle of the Year, the Volvo XC60 expanded its reach by nabbing the title “World Car of the Year,” the most prestigious of six trophies handed out by a jury of 82 automotive journalists from around the world.

Global News!

The choice of the Volvo was significant on several levels, as was the fact that “all three of the finalists are SUVs,” noted World Car Chairman Peter Lyon. “That’s definitely a sign of the times.” (more…)

Study Finds Strong Support for Keeping Mileage Rules Among Key Auto Suppliers

EPA expected to announce CAFE revisions by April 1.

by on Mar.22, 2018

The auto industry is waiting anxiously to see if and how the Trump Administration rewrites the current Corporate Average Fuel Economy mandate.

The Environmental Protection Agency is expected to announce revisions to federal mileage rules by April 1, but while a number of automakers are hoping to see a sharp cutback in the standards a new study finds key automotive suppliers hoping the Trump Administration will let the rules stand as they are, ramping up to 54.5 miles per gallon by 2025.

After completing a mandated mid-term review just before leaving office, the Obama Administration decided to maintain that target. But soon after President Donald Trump entered the White House, his EPA chief Scott Pruitt said he would revisit the Corporate Average Fuel Economy mandate, appearing to side with auto industry critics who complained CAFE was set to price many buyers out of the new car market.

Enviro-News!

The debate has led to an unusual split between automakers like Ford and General Motors, who want to roll back the rules, and a number of auto suppliers who support the 54.5 mpg target, according to several reports, including a new study by CALSTART, a California-based consortium aimed at developing clean transportation technologies.

(more…)

Polestar’s First EV Looks Like Modern Take on Classic Volvo P1800

Order bank opens next week in 18 global markets.

by on Mar.07, 2018

The Volvo P1800 reborn? Not quite. This is the all-new Polestar 1 performance PHEV.

It started out as a motorsports contender then went on to become Volvo’s in-house performance tuner. But with the debut of the Polestar 1 at this week’s Geneva Motor Show, Polestar formally transitions into Volvo’s high-performance sub-brand.

And it will focus exclusively on vehicles with electrified drivetrains. The Polestar 1 features a twin-motor plug-in hybrid coupe churning out an impressive 600 horsepower. Pure battery-electric offerings will follow, company officials said, while adding that they plan to take a novel approach to selling their low-volume, high-performance offerings.

Insight!

“We will focus on electric mobility and make it a reality by having something that is not just a dogmatic electric vehicle but something that is desirable to drive,” said Thomas Ingenlath, the former head of Volvo design who, late last year, was reassigned to run Polestar.

(more…)

First Drive: 2018 Volvo XC40

Small, less formal-looking package still offers plenty of comfort, sophistication.

by on Feb.28, 2018

The new Volvo XC40 gives the brand an entry in the growing compact crossover segment.

Utility vehicles such as the XC90 and XC60 have led Volvo’s revival around the world.

Now Volvo is adding a new smallish – if you can call a vehicle that weighs two tons small – utility vehicle to its engaging product portfolio.

Reviews You Can Trust!

The XC40 is what the carmakers have started calling an “an urban crossover” and it offers a comfortable, luxurious experience in a modest way, with ample if not overwhelming power, the latest safety and connected technology as well as well-modulated ride and handling in a nicely designed package. (more…)

Polestar 1 Making its European Debut in Geneva

First electric performance hybrid will be on the stand.

by on Feb.26, 2018

Thomas Ingenlath, Polestar CEO, said the Polestar 1 will make its European debut at the Geneva Motor Show.

Polestar, the electric performance brand from Volvo, will make its European debut at the Geneva Motor Show when it shows off the company’s first car, the Polestar 1.

“We are looking forward to exhibiting at the Geneva Motor Show and are eager to hear feedback and see the reactions from the public on our first car and our new brand,” said Thomas Ingenlath, chief executive officer at Polestar.

Global News!

“Our stand in Geneva will be a powerful incarnation of what our brand embodies: uncompromised, pure and progressive design,” he added. (more…)

First Look: 2019 Volvo V60

New wagon bears striking resemblance to bigger V90.

by on Feb.22, 2018

The new Volvo V60 bears a strong resemblance to the maker's V90 wagon.

Volvo Cars unveiled the new V60 five-door, a midsize wagon with a sporty flair that will fit comfortably into the Swedish car makers portfolio, which emphasizes styling and practicality.

“The family estate driver is an important customer for our business and has been for generations,” said Håkan Samuelsson, president and CEO of Volvo Cars. “The new V60 honors that tradition, but also takes it much further.”

Product News!

The V60 combines a luxurious interior, ample space, advanced connectivity and Volvo Cars’ latest driver assistance features and other safety technology.  While the V90 will continue to offer a premium, luxury experience, the V60 is sportier alternative to older models. The car is expected to appear in the U.S. in 2019. (more…)