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Junkyard Gem: 1973 Volvo 1800ES

Volvo began selling cars in the United States with the 1956 PV444, a sturdy unibody machine that looked quite a bit like the 1946 Ford from some angles. Reliable, sensible — maybe stodgy is a better word — PV544s, Amazons and 140s followed the 444s across the Atlantic as the 1950s became the 1960s. Starting in 1961, though, a genuinely sporty Volvo arrived here: the P1800. Members of the P1800 family were sold here through 1973, and I've found one of those final-model-year cars in a Northern California self-service wrecking yard. The P1800 (later named the 1800S and then the 1800E) was based on the chassis of the Amazon and was available only as a coupe from 1961 through 1971. The 1800ES shooting brake version with its all-glass hatch debuted as a 1972 model, and just under 9,000 were built before production ended the following year. The U.S.-market 1800ES got a 2.0-liter pushrod straight-four engine with Bosch fuel injection, rated at 112 horsepower. Its dirtier-running European counterparts got more power. This engine was known as the B20F. First-year Volvo 240s got the B20F as well, before moving up to the SOHC "Red Block" engine for 1976. A 1966 P1800 holds the world record for most mileage on a street car: more than 3.2 million miles. That car has a B18 engine that was rebuilt twice. The highest-mile junkyard car I've found was a Volvo as well, though it only had 626,476 miles. Does the credit go to the cars or to their owners? Yes! This car appears to have sat outside near the Pacific for too many decades; it has the top-down rust associated with living in the salt spray and fog near beaches in NorCal. This is pretty bad, but I've seen worse. This Volvo's final parking spot is just about a mile from crashing ocean waves. Worth restoring? No way, not when much nicer examples sell for a few grand. All the chawed-up seat foam suggests that raccoons and other Golden State wildlife lived inside for quite a while. The good news is that many of this crusty old Swede's components will live on in other Volvos. In fact, one of my regular readers scored a junkyard bonanza when he found this car (and several other vintage Volvos) not long before I arrived. Northern California car graveyards still offer plenty of old Scandinavian steel. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. You tell 'em, Christina!

Volvo sets high carbon price to assess sustainability of new projects

GLASGOW — Swedish automaker Volvo said on Wednesday it had set a price on carbon emissions from its operations of 1,000 Swedish crowns ($116.30) a tonne, part of attempts to ensure all future projects are sustainable. Announcing the move at global climate talks in Scotland as it joined an imitative to phase out fossil fuel cars and vans, the company said it had deliberately set a relatively high price to "future proof" itself. Negotiators at the COP26 talks are trying to finish rules to create an international carbon market. Put simply, it would allow some countries to pay others to cut emissions — with the aim of pushing much-needed cash into green projects around the world. Volvo said it was the first automaker to set such a price across its whole operations, as part of its aim to be a climate neutral company by 2040. The price is double the current cost of carbon in the European Union's carbon trading scheme. Going forward, every new car project would go through a "sustainability sense-check", with a carbon price assigned throughout the life of the vehicle, to ensure it would be profitable even under a much higher government-set price. “A global and fair price on CO2 is critical for the world to meet its climate ambitions, and we all need to do more,” Bjorn Annwall, chief financial officer, said in a statement. “We strongly believe progressive companies should take the lead by setting an internal carbon price. By evaluating future cars on their CO2-adjusted profitability, we expect to accelerate actions that will help us identify and reduce carbon emissions already today.” Also on Wednesday, Volvo signed up to the Glasgow Declaration on Zero Emission Cars and Vans, along with peers including Ford and General Motors, aiming to end production of internal combustion engines by 2040. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

These are the cars with the best and worst depreciation after 5 years

The average new vehicle sold in America loses nearly half of its initial value after five years of ownership. No surprise there; we all expect that shiny new car to start depreciating as soon as we drive it off the lot. But some vehicles lose value a lot faster than others. According to data provided by iSeeCars.com, trucks and truck-based sport utility vehicles generally hold their value better than other vehicle types, with the Jeep Wrangler — in both four-door Unlimited and standard two-door styles — and Toyota Tacoma sitting at the head of the pack. The Jeep Wrangler Unlimited's average five-year depreciation of 30.9% equals a loss in value of $12,168. That makes Jeep's four-door off-roader the best overall pick for buyers looking to minimize depreciation. The Toyota Tacoma's 32.4% loss in initial value means it loses just $10,496. The smaller dollar amount — the least amount of money lost after five years — indicates that Tacoma buyers pay less than Wrangler Unlimited buyers, on average, when they initially buy the vehicle. The standard two-door Jeep Wrangler is third on the list, depreciating 32.8% after five years and losing $10,824. Click here for a full list of the top 10 vehicles with the least depreciation over five years. On the other side of the depreciation coin, luxury sedans tend to plummet in value at a much faster rate than other vehicle types. The BMW 7 Series leads the losers with a 72.6% drop in value after five years, which equals an alarming $73,686. BMW's slightly smaller 5 Series is next, depreciating 70.1%, or $47,038, over the same period. Number three on the biggest losers list is the Nissan Leaf, the only electric vehicle to appear in the bottom 10. The electric hatchback matches the 5 Series with a 70.1% drop in value, but since it's a much cheaper vehicle, that percentage equals a much smaller $23,470 loss. Click here for a full list of the top 10 vehicles with the most depreciation over five years.