2007 Volvo S40 2.4l on 2040-cars

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Volvo returns to profitability

Ford sold Volvo to Zhejiang Geely Holding Group Limited in 2010. Just two years later, Geely announced an $11-billion investment in the Swedish carmaker, its charismatic fugleman Li Shifu saying, "We want to revive Volvo and give the brand its strength back." Two years later, after having introduced the Concept XC Coupe at the Detroit Auto Show this week, Volvo CEO Håkan Samuelsson (above, second from right) declared the company profitable again after a solid 2013 and predicted a positive 2014.
Intending to break even on operating profit in 2013, Volvo exceeded expectations and landed on the plus side due to a mix of factors. US sales declined 10.1 percent for the year to 61,233, that number still making us Volvo's largest market, but Chinese sales were up nearly 46 percent to 61,146 units, and even its home market saw a bump of 0.8 percent; total sales for the year were 427,840, a margin of 1.4-percent over the previous year. Volvo was able to do more with the tiny gain and reverse its half-year operating loss because of a global cost restructuring and thorough revamp of its Chinese distribution network. An announcement of 2013's financial results will come in March.
Bullishness on 2014 comes from the company's intention to focus on its two biggest markets with new models, new technology and more spending. The first product of an independent Volvo, the new XC90, will be revealed later this year on the new SPA architecture. On top of the Sensus Connect infotainment system, Volvo will add driver-aid systems like adaptive cruise control with steer assist and night-time pedestrian detection. It also has a new North American CEO and will spend more on marketing and communications here. In China it will begin to feel more effect from the two Chinese factories opened last year - it has three in the country - and, if need be, can take advantage of more advantageous exchange rates by exporting from China instead of the US. Said Samuelsson of what he expects in the US in 2014, "we will outperform the market."

Volvo Polestar reveals new V8 Supercars engine

Volvo may be better known for turbo fives and inline fours, but in 2005 it launched the XC90 with a new eight-cylinder engine built for it by Yamaha. Fast forward to this past June when Volvo announced its intention to enter Australia's V8 Supercars series, where it would compete with the likes of Ford, Holden, Nissan and Mercedes-AMG. This is the engine with which it intends to do so.
Revealed this weekend at the Sydney 500, this competition-spec powerplant is based on the same B8444S that powered the XC90 and S80 (not to mention the Noble M600), but tuned for racing duty to be shoehorned into the new S60 touring car. The 60-degree aluminum block has been bored out from 4.4 liters to 5.0, its compression ratio boosted to 10:1, modified to run on E85 bio-ethanol and its redline increased to 7500 rpm. Volvo also promises a unique engine note from its new racers.
While Volvo and its racing partner Polestar haven't released official output numbers, regulations call for outputs between 620 and 650 horsepower - in any event, a whole lot more than the 311 hp it produces in stock form. (Noble managed to squeeze that much out of the same block, but that required twin turbochargers while this unit remains naturally aspirated.) Scope out the details in the press release below and the photos from the reveal in the gallery above.

2024 Volvo XC40 and XC60 won't offer front-wheel-drive trims

There's more movement in the Volvo lineup. The year has already seen the XC40 Recharge and C40 Recharge get rear-wheel-drive powertrains, more powerful motors, and better range, plus the introduction of the EX30 city crossover. Apparently, now it's time to take some options away. Car and Driver reports the gas-powered XC40 and XC60 crossovers won't be available with front-wheel drive anymore. The 2023 XC40 offers a B4 mild hybrid drivetrain with a 2.0-liter four-cylinder sending 194 horsepower and 221 pound-feet of torque to the front axle. That goes away, leaving the B5 AWD mild hybrid powertrain, its 2.0-liter four-cylinder making 247 hp and 258 lb-ft. The B5 upgrade adds $2,000 to the cost, meaning the 2024 XC40 will likely run at least $39,645 before potential model-year price increases are applied.     The 2023 XC60 comes in three trims. One of them utilizes a front-wheel-drive version of the above mentioned B5 mild hybrid setup, another employs the B6 AWD mild hybrid powertrain centered around a supercharged and turbocharged 2.0-liter four-cylinder making 295 hp and 310 lb-ft. Both of those will be dropped in the coming model year. The sole remaining trim gets down the road with the B5 AWD powertrain. Before any possible price increases, the 2024 XC60 will run $47,045. The S60 sedan gets in on the pruning as well, shedding the limited-volume Polestar Engineered variant. Introduced for the 2019 model year as a flourish to Volvo completing its all-new lineup, the S60 Polestar Engineered's retuned T8 plug-in hybrid system paired a supercharged and turbocharged two-liter four-cylinder with a rear-mounted electric motor for a combined 415 hp and 494 lb-ft. In the five years since introduction, output has climbed to 455 hp and 523 lb-ft., and the purchase price went from a subscription-only $1,100 per month to an MSRP of $68,050. The equipment chosen to harness such potential includes adjustable Ohlins dampers, six-piston Brembo front brake calipers behind forged 19-inch wheels — those wheels an inch smaller than on the debut version, a change likely made because of the notably stiff ride. At this point, the only Polestar Engineered trims left in the Volvo lineup next year will be be found on the V60 and XC60.