2009 Volvo C30 R-design Hatchback Coupe T2.5 on 2040-cars

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Volvo credits China, Europe for first-half profitability

If everything goes to plan, Volvo might be showing the first signs of a turnaround after several years coping with old products and a staid image. The Swedish brand is imminently launching its next-gen XC90 SUV on a completely revised, modular platform and using a cutting-edge family of engines, and it has even more products to take advantage of the fresh components on the drawing board. "We are excited about the launch of the all-new XC90, which marks the beginning of the re-launch of the Volvo brand," said CEO Håkan Samuelsson in the company's announcement. In the meantime, the business is moving back to profitability and is even forecasting growth through the rest of 2014.
In Volvo's recently released financial and sales results for the first six months of the year, volume was up 9.5 percent to 299,013 cars. On top of that, operating income reached 1.21 billion Swedish krona ($175 million) after posting a loss in the same period in 2013. Net income was also improved to 535 million Swedish krona ($77.4 million), which was also a reversal from a negative last year.
With these great results, Volvo is now forecasting 10 percent sales growth worldwide by the end of the year, and the key to it is a booming market in some regions. China, home to parent company Geely, was up 34.4 percent first half of the year. It's now Volvo's biggest market in the world and helped by exclusive models like the S60L (pictured above) and S80L. "We are growing our presence in China and we expect to sell at least 80,000 cars there this year," said Samuelsson in the company's forecast.

Volvo rolls out new R-Design versions of S60, XC60 and new V60

Volvo has put together R-Design packages for its newly facelifted S60, V60 and XC60 models, and for those who want more bark to go with them, there's a power upgrade for the S60 and V60 courtesy of Polestar performance. The aesthetics start with new front and rear fascias, the grille going frameless and Tech Matte Black with a silk metal diagonal bar, the back end getting a finned diffuser and round R-Design tailpipes. On top of that, the S60 and V60 are lowered 15 millimeters and can be fitted with 19-inch versions of the company's Ixion wheel pattern.
The R-Design sport chassis stiffens things up, items like the rear dampers getting 20-percent stiffer while front bushings get a whopping 400-percent stiffer. Inside there's a black headliner, perforated leather mixed with nubuck and contrasting stitching on the sport seats, or a full leather option for those who love their cow, and the Adaptive Digital Display gets a blue hue when set to the Elegance appearance theme.
Buyers of the 3.0-liter T6 engine can add the Polestar performance option, which cranks things up to 329 horsepower instead of the standard 304 hp, and an exclusive accelerator pedal comes with it. More detail can be found in the press release below.

Volvo aligning model range into three families

Things have been slow in Gothenburg the past few years, but they're picking up speed. The only new model Volvo has released in the past four years since it was taken over by Geely - that being the V40 introduced in 2012 - started its development when the company was still under Ford's umbrella. But now the Swedish automaker is preparing to launch a volley of new models, and the new XC90 is only the starting point.
Volvo has set out to align its product portfolio into three model families - 40, 60 and 90 - each with three body-styles: sedan, wagon and crossover. (Volvo presented a tidy little table, which we've replicated below, to outline what it has in store.) That means a new S40 sedan and XC40 crossover as well as a replacement for the current V40 wagon, all to be based on a new platform shared with Geely. It also means replacements for the current S60, V60 and XC60 to be based on the modular SPA platform that underpins the new XC90, as well as a new S90 sedan to replace the S80 and a new V90 wagon to succeed the V70 and move it up-market above the V60.
All of these models are set to arrive within the next four years as Volvo moves to replace its entire lineup by 2019 and subsequently move to more competitive seven-to-eight-year product life-cycles. But as aggressively as Volvo is pursuing this renewal of its core models, they're not the only things Gothenburg has in store. Keep reading below to learn how Volvo's model line will flesh out over the coming years.