Volvo - egmCarTech

Ford confirms Geely as its preferred bidder for Volvo

Posted: Oct 28, 2009

Filed under: Breaking, Ford, Industry News, Volvo

FoMoCo released a statement today announcing that Zhejiang Geely Holding Group is its preferred bidder for the possible sale of Volvo Car Corporation. Ford said that while it will be engaging in a more detailed and focused negotiation with Geely, no final decisions have been made.
“Ford’s objective in our discussions with Geely is to secure an [...]

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Official Spy Shots: 2011 Volvo S60 tests new Collision Warning system in Copenhagen

Posted: Oct 12, 2009

Filed under: Spy Shots/Renderings, Volvo

Just last week we brought you updated details on the 2011 Volvo S60. Volvo announced today that it was recently testing its new Collision Warning system with Full Auto Brake and Pedestrian Detection in a disguised S60 prototype in Copenhagen. The technology will be introduced with the 2011 Volvo S60 next year.
“Factors like traffic behavior, [...]

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2011 Volvo S60: Sweden’s BMW 3-Series coming next year

Posted: Oct 07, 2009

Filed under: Volvo

Volvo’s BMW 3-Series rival, the next-generation S60, will debut in spring 2010. Take off all the chrome and other bells and whistles on the S60 Concept and you have yourself the production model that will hit roads later next year.
The design was signed off under former head of design Steve Mattin. Mattin was replaced by [...]

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Report: U.S. led group looking to acquire Volvo from FoMoCo

Posted: Oct 05, 2009

Filed under: Ford, Industry News, Volvo

According to a report by The Financial Times, a U.S. led group has entered into a race with China’s Geely Automotive to purchase Volvo from FoMoCo. Geely Automotive confirmed its interest last month in the unprofitable Swedish car company.
Sources said that the Crown consortium has fully secured financing from U.S. private equity groups and is [...]

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Goldman Sach’s $344 million investment could boost Geely’s Volvo bid

Posted: Sep 23, 2009

Filed under: Ford, Industry News, Volvo

According to a report by Reuters, Goldman Sachs will invest $334 million in Geely Automobile Holdings of China that will boost the Chinese automakers global ambitions along with a potential bid to buy Ford’s Volvo brand.
“It’s a wise move for Geely as it can use the money to build up capacity and free up capital [...]

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2009 Frankfurt: Volvo C30 is much sportier than ever before

Posted: Sep 16, 2009

Filed under: 2010 Releases, Auto Shows, Hybrids, Green News, Volvo

- Key Competitor: BMW 1-Series; Audi A3; Mini Cooper.
- Engines: Range consists of four diesel engines and five gasoline engines.
- Gasoline engines: T5 (2.5L) 230-hp – 27 mpg; 2.4i 170-hp – 28 mpg; 2.0 145-hp – 32 mpg; 2.0F (Flexifuel) 145-hp – 30 mpg 1.6L 100-hp – 34 mpg.
- Diesel engines: D5 (2.4L) 180-hp – 38 [...]

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2009 Frankfurt: 2010 Volvo C70, one of the safest convertibles on the market

Posted: Sep 15, 2009

Filed under: 2010 Releases, Auto Shows, Volvo

- Key Competitors: Mercedes-Benz CLK, Audi A5, BMW 3-Series Convertible.
- Engines and Fuel-Economy: 3 gasoline engines and 2 diesel engines.
- Gasoline engines: T5 230 hp – 26 mpg; 2.4i 170 hp – 26 mpg; 2.4 140 hp – 26 mpg.
- Diesel engines: D5 180 hp – 37 mpg; 2.0D 136 hp – 39 mpg.
- Performance: TBA
- Pricing: TBA
Volvo [...]

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2010 Volvo C30 R-Design to show up in Frankfurt tomorrow

Posted: Sep 14, 2009

Filed under: 2010 Releases, Auto Shows, Hybrids, Green News, Volvo

If the 2010 Volvo C30 wasn’t sporty-looking enough for you, Volvo announced today that it will show the Volvo C30 R-Design at the 2009 Frankfurt Motor Show alongside the new C30 hatchback. Volvo says that the C30 R-Design is the closest “thing to a dedicated sports car in the Volvo model range” and we have to [...]

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China’s Geely wants Volvo’s car business, not interested in truck business

Posted: Sep 09, 2009

Filed under: Ford, Industry News, Volvo

As reported last month, China’s Geely Automotive seems to be the only company that has submitted a concrete bid for Ford’s Volvo brand. Geely Automotive confirmed that bid today saying that its parent wants to buy Volvo from Ford to give it access to Volvo technology that it needs to upgrade its cars.
Many analysts speculate [...]

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2010 Volvo C30 gets a sporty new face for Frankfurt debut

Posted: Sep 08, 2009

Filed under: 2010 Releases, Auto Shows, Volvo

Volvo is starting to incorporate the front-end design seen on its S60 Concept across most of its vehicle lineup. Joining the 2010 Volvo C70 next week at the 2009 Frankfurt Motor Show will be the new, facelifted 2010 Volvo C30 hatchback. Like the XC60 and the C70, the C30 gets a new sporty front end [...]