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For sale here is a 2004 Volvo V70, non-turbo in excellent condition with clean title. Car has tan leather interior with no rips, tears or excessive wear, automatic transmission that is shifting perfectly, smooth-running engine and all working power options. Everything is in excellent condition and all features of the car are working perfectly. This car comes with power moonroof, heated front seats, heated power mirrors, power windows, 3rd row seat in the back, built-in booster seats in the back seat, and interior is very clean, without any carpet stains, or any blemishes on the leather. Exterior has some very minor rock chips from highway driving, and there is a small scratch in the driver's door. I would say that exterior is well above average for the car of this vintage. This is southern car, that has never seen snow or salty roads and spent its life in the South (mainly Georgia). Four matching tires (Barums) have about 20K miles on them, so likely good for another year or two.

I'm the second owner and had this car for 3 years; just had the 3rd child so this car is getting a bit too small; time for the SUV. All maintenance records are available since I owned the car and all maintenance is up to date; timing belt has been replaced at 100K, automatic transmission drained and filled around same time, oil changes done every 5K miles using only Mobil1 synthetic oil, CV axles replaced, and more. There are no leaks of any kind anywhere, no rust. Car is ready to go anywhere. Headliner is in excellent condition, with the only blemish being a small sag on the part that covers the moonroof, as you can see in one of the pictures. The car is for sale locally as well.

If your offer is accepted, $500 deposit will need to be made within 24 hours, with remainder due when picking up the car. I will only accept cash for the remainder, or certified check from one of the nationwide banks (Chase, BoA, Wells Fargo, etc). If you have feedback less than 10, please contact me first, prior to making an offer. If you have any questions, please call or text at 404-667-2157, or contact me via email. I can pick up the buyer at Atlanta Hartsfield International Airport (ATL) and you can drive it anywhere.

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Wishen Motors ★★★★★

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Volvo Cars to dilute stake in EV maker Polestar

Fri, Feb 23 2024

Volvo Cars said on Friday it plans to distribute 62.7% of its stake worth 9.5 billion crowns ($920.17 million) in Swedish electric vehicle manufacturer Polestar Automotive Holding to its own shareholders. After completion of the proposed distribution, Sweden-based Volvo Cars said it will retain an 18% stake in Polestar. The heavy involvement by Sweden-listed Volvo Cars in Polestar, where it owns around 48% of the shares, has been criticized by analysts who see the stake as a drag on Volvo's resources. "As we have significant operational collaborations with Polestar and a financial relationship, it is logical for us to retain influence through a smaller 18% stake in Polestar," said President and CEO of Volvo Cars Jim Rowan. The company said it has a financial relationship with Polestar through an outstanding convertible loan of $1 billion. China's Zhejiang Geely Holding, which is a majority owner of Volvo Cars, will continue to provide operational and financial support to Polestar. The stake distribution will be made through a 2:1 share split, followed by an automatic share redemption process, Volvo Cars said. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Polestar O2 Concept revealed with autonomous drone footage

Last Volvo XC90 rolls off assembly line in Gothenburg

Mon, 14 Jul 2014

It was back in 1998 when Volvo set about developing its first SUV. The brief was to build a seven-seater that wasn't "too large", and several design proposals were considered. Three and a half years later Volvo revealed the XC90 at the 2002 Detroit Auto Show and the rest, as they say, is history.
Volvo initially had an eye towards selling 50,000 units per year. It achieved that and then some, selling around 85,000 examples per year between 2004 and 2007. Now, after 12 years and 636,143 examples made - still over that initial target on average despite its lingering age that see it selling just 11,000 units these past few years - the last Volvo XC90 rolled off the assembly line in Gothenburg.
That final example is heading straight to the Volvo Museum adjacent to the factory. But it won't, strictly speaking, be the last XC90. It is the last of that model to be built in Sweden, but a new model is on its way. And the current model will continue to be built in Daqing, China, to be sold locally as the Volvo XC Classic. So if you want to get your hands on a seven-seat Volvo crossover, you'll have to move there. Otherwise you can wait until the end of January 2015 for the new model to begin production.

China's Geely buying majority stake in Lotus

Wed, May 24 2017

Geely, the Hong Kong car company that owns Volvo, is acquiring control of British car company Lotus. Geely is purchasing a 51-percent stake in Lotus from struggling Malaysian car company Proton, and a 49.9 percent stake in Proton itself. Etika Automotive will gain the other 49 percent of Lotus. France's PSA Group and Japan's Suzuki had apparently also been interested in acquiring Proton. Geely says it plans to revive both Proton and Lotus. "The agreement lays the foundation for a wider framework for both Geely Holding, Proton and Lotus to explore joint synergies in areas such as research and development, manufacturing and market presence," Geely said in a news release. Those joint synergies will be highlighted by the lightweight chassis technology Lotus is known for, which could help Geely improve fuel efficiency. Geely CFO Daniel Donghui Li said the company aims to "unleash the full potential of Lotus Cars" by expanding and accelerating new products and technologies. Proton was nationally held but was privatized in 2007 to Malaysian conglomerate DRB-Hicom, which is owned by tycoon Syed Mokhtar Al-Bukhary. It was supposed to be the flagship for Malaysia's economic development.Though it owns two factories, Proton mainly rebadges foreign-made cars and sells them in Malaysia. What it has, what Geely presumably wants, is a distribution network in Southeast Asia to pit Chinese cars against Japanese automotive dominance in the region. Retaining a 50.1-percent stake in Proton is seen as a face-saving move. "Proton will always remain a national car and a source of pride, as Proton will still have a majority hold of 50.1 percent," Malaysian finance official Johari Abdul Ghani said. "Our very own much-loved brand now has a real chance in making a comeback, a huge one I hope." Related Video:

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