Volvo

Volvo to launch new performance line with production C30 PCP

Volvo to launch new performance line with production C30 PCP

Volvo to launch new performance line with production C30 PCP
A couple of weeks ago, we brought you a report that indicated Volvo was forging a closer relationship with Polestar, the racing outfit that fields the company’s entries in the Scandinavian and World Touring Car Championships. Volvo, it seemed, had already turned to Polestar to squeeze a bit of extra juice from its S60 and XC60 R-Design models, and according to the report, was prepared to utilize Polestar’s talents even more in the future.

A clearer picture of that that partnership is now emerging, and so far, it looks promising. Their first collaborative project is tipped to be a production version of the baby-blue, 400-horsepower, all-wheel drive C30 hatchback unveiled last year. If given the go-ahead, we could be looking at a limited run of 500 cars priced around £50,000 in the UK – about the same as a BMW M3.

[Source: What Car?]

Volvo Concept Universe previews next range-topping sedan from Sweden

Volvo Concept Universe previews next range-topping sedan from Sweden

Volvo Concept Universe previews next range topping sedan from Sweden
Volvo is looking to gain a foothold in the fast-growing Chinese auto market, and the Swedish automaker is hoping to pique interest in the brand with a range-topping luxury sedan concept. The design aims to incorporate the simplicity of Scandinavian design while also trying to discern what the modern luxury car buyer really wants.

The Concept Universe bows at the Shanghai Motor Show to show what Volvo can do near the top-end of the large luxury sedan market. And although this vehicle is definitely a design study, Volvo doesn’t seem interested in hiding its intention of going upscale. Volvo CEO Stafan Jacoby calls the concept “a sneak preview of what people can expect from our next top-of-the-line sedan.”   More photos…

[Source: Volvo]

Volvo considering insanely high $2,100/month lease for C30 Electric

Volvo considering insanely high $2,100/month lease for C30 Electric

Volvo considering insanely high $2,100/month lease for C30 Electric
A trial fleet of around 400 Volvo C30 Electrics is coming, and anyone who wants one had better have an awful big piggy bank. Speaking at a media launch near Indianapolis, IN today, the president of Volvo Car Special Vehicles, Lennart Stegland, said that, while the final price for the car hasn’t been set, Volvo will not sell the EV, but instead offer the car through a three-year lease for around 1,500 Euros. Per month.

1,500 Euros comes out to about $2,129.85 at today’s exchange rates, so if you stick it out for the full 36 months, you get to spend $76,674 to not buy a car. Even worse, Stegland said that Volvo will lose money on the deal. Ouch. Developing electric vehicles for mass production (which, on Volvo’s schedule, will happen sometime around 2013 or so) is more than mildly expensive.