1991 Volvo 240 Wagon Super Sharp on 2040-cars

Auto blog

Automakers suspend some business in Russia following invasion

These Russian GAZ Tigr infantry mobility vehicles were destroyed by Ukrainian fighters in Kharkiv on Monday. (Getty Images)   Global auto and truck makers, including Sweden's Volvo Cars and Germany's Daimler Truck, on Monday suspended some business in Russia following that country's invasion of Ukraine. Russian forces invaded Ukraine last week, marking the biggest attack by one state against another in Europe since World War II. Many firms have idled operations in Russia following Western sanctions against Russia. Energy giant BP Plc, Russia's biggest foreign investor, abruptly announced over the weekend it was abandoning its 20% stake in state-controlled Rosneft at a cost of up to $25 billion. On Monday, Swedish automaker Volvo Cars said it would suspend car shipments to the Russian market until further notice, becoming the first international automaker to do so as sanctions over the invasion continue to bite. In a statement, the company said it had made the decision because of "potential risks associated with trading material with Russia, including the sanctions imposed by the EU and US." "Volvo Cars will not deliver any cars to the Russian market until further notice," it said. A Volvo spokesman said the carmaker exports vehicles to Russia from plants in Sweden, China and the United States. This came as Russia warned Sweden and Finland not to join NATO or risk facing “serious military-political consequences." Volvo sold around 9,000 cars in Russia in 2021, based on industry data. Earlier on Monday, RIA news agency reported Volkswagen had temporarily suspended deliveries of cars already in Russia to local dealerships, citing a company statement. VW had no immediate comment when contacted by Reuters. VW previously said it would halt production for a few days this week at two German factories after a delay in getting parts made in Ukraine. Daimler Truck said on Monday it would freeze its business activities in Russia with immediate effect, including its cooperation with Russian truck maker Kamaz. Mercedes-Benz Group is also looking into legal options to divest its 15% stake in Kamaz as quickly as possible, the Handelsblatt newspaper reported. A Mercedes spokesperson told Reuters business activities would have to be re-evaluated in light of the current events. Mercedes-Benz Group, formerly Daimler AG, was the parent company of Daimler Truck before the truck maker was spun off.

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.

5 thoughts about the 2024 Volvo C40 Recharge

BIRMINGHAM, Mich. -- The Volvo C40 Recharge is a quirky yet elegant little hatch with a lot to talk about. Along with the XC40, it’s the first rear-wheel-drive Volvo since the 1990s. The cabin blends Google power with Scandinavian simplicity. I think the C40 looks like an early crossover from the ‘80s. So yes, I have thoughts. Five of them. The design reminds me of the AMC Eagle Stay with me here. Am I the only one who thinks this looks like an AMC Eagle? ItÂ’s the big wheels — these diamond-cut silver and black rollers measure 20 inches — and the silhouette. A slightly lifted hatchback is a crossover these days, but it shares some of the quirkiness and car-like quality of the Eagle, which could be considered an early crossover. Tenuous design connections aside, the slab front end, LED headlights and prominent Volvo emblem conjure the requisite premium feel. It does look the part of an EV, which is a natural vibe for Volvos in general. They exude quirky sophistication layered over Scandinavian minimalism and sensibility. Not your flavor of vodka? You may have heard the Dodge Charger is now an electric vehicle. I had an odd charging experience With a few minutes to kill on a Saturday morning, I pulled into a ChargePoint station to try to grab some bonus miles. I didnÂ’t have much time, but the ChargePoint chargers were literally across the street from where I was going. Might as well be plugged into one if IÂ’m going to sit in the parking lot, drink coffee and read Autoblog on my phone. Alas, the driver screen read “initializing charging” but never consummated the charge. I unplugged and re-plugged. No dice. ChargePoint charged me $2 for the pleasure of hooking up my car and not charging for five minutes. Like I said, I was just killing time and didnÂ’t absolutely need the juice, so away I went. I try to make a point of charging EVs on public infrastructure for each test car, and the results are uneven. This C40 had been recently charged, so I tend to think it was just a ‘bad handshakeÂ’ between the car and the charger, which seems to be common for EV owners. I suppose it could have been user error, too. In these situations thereÂ’s a tendency to assign blame. IÂ’m not. IÂ’m just saying it didnÂ’t work. ItÂ’s a fun little thing to drive The single, rear-mounted motor delivers 248 horsepower and 310 pound-feet of torque.