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This is Volvo's awesome S60 V8 Supercar entry [w/video]

Australian auto news has been dire for the last several months with all three automakers that build there announcing they would stop production within the next three years. But Volvo is providing a shot of excitement with the unveiling of its new S60 racecar for the upcoming season of the Australian V8 Supercar series.
The Volvo S60 racecar will use a 5.0-liter, naturally aspirated V8 based on Volvo's B8444S production engine that will be tuned to produce roughly 650 horsepower on E85 ethanol. Power will get to the ground via a six-speed sequential transmission, and it will be able to reach 62 miles per hour in 3.2 seconds and a top speed of 185. All cars in the series use common parts for the chassis, transaxle, and rear suspension.
Volvo's Polestar performance arm will campaign two of the S60 racers this season. While Volvo might seem like an odd inclusion into Australian racing, it actually has quite a successful history. It won the 1986 Australian Touring Car Championship in a 240 and won the Bathhurst 1000 race in 1998 in an S40. Polestar is not new to racing either, having been racing Volvos around the world since 1996.

Junkyard Gem: 1987 Volvo 760 GLE Sedan

When Volvo finally created a replacement for the iconic 200 Series (which first appeared here as 1975 models but were virtually identical to their 140 predecessors from the A pillar back), that car was the 700 Series. As it turned out, the 240 was so beloved that it ended up outlasting its supposed successor in the showrooms, but the 740, 760 and 780 earned respectable sales worldwide. The first of the 700s to arrive in the United States were 760 sedans and wagons, with sales beginning in the 1983 model year and the cheaper 740 showing up for 1984. We saw a 760 Turbo sedan in a Colorado car graveyard last year, and now here's a naturally-aspirated 760 sedan in a Northern California yard. The middle digit in Volvo model names represented the number of engine cylinders in earlier years, so you knew a 164 would have a straight-six under its hood, while a 264 boasted a V6. That rule got bent with the 700, so the 740 Turbo had a four-cylinder (presumably, turbocharging made up for the missing two pistons).  In this case, though, there really are six cylinders present. This is a 2.8-liter version of the PRV V6 engine, which was developed jointly by Peugeot, Renault and Volvo and used to power an incredible variety of European vehicles plus a handful from Detroit. PRVs went into the DeLorean DMC-12, the Volvo 262C Bertone Coupe, the Alpine A310, the Citroen XM and the Eagle Premier/Dodge Monaco. Because the PRV design began as a V8 (that, sadly, never went into production), it has a V8-style 90° cylinder-bank angle. This one was rated at 145 horsepower and 173 pound-feet. There was a version of the 760 available with a straight-six engine as well: the 760 Turbodiesel, which used a Volkswagen-sourced 2.4-liter oil-burner making 106 horsepower and 140 pound-feet. 1986 was the last model year for that car in the United States. There was no manual transmission available in the 760 by 1987, so this car has the four-speed automatic. The MSRP for this car was $28,290, or about $78,304 in 2023 dollars. You got a sunroof at no extra cost. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Perfect for off-roading! This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Who needs rebates? This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The wagon version held eight very large dogs.

Volvo recommits to Sweden with development of next-gen platform and engines

Taking into account the facts that Volvo is now owned by China's Geely and how poorly the European automotive market has been recently, we would have definitely understood if Volvo moved production of its products out of its home market. And yet, the automaker has confirmed that it will be investing billions of dollars into new platforms and engines that will be made in Sweden. On a global scale, Volvo is making roughly $11 billion of investments, and close to half of that is being earmarked for Sweden for plant expansion and upgrades.
The new Scalable Product Architecture (SPA) platform will be the used as the basis for most future Volvo products starting with the next-generation XC90 that will be debuting at the end of 2014. SPA will be used to make up two-thirds of Volvo's sales, and gives Volvo a quicker and easier break from Ford-derived platforms. As for the Volvo Engine Architecture (VEA) family of engines, there are really no details about this mill except that it will be a four-cylinder that is more fuel efficient than current engines.
Scroll down for the Volvo press release.