2008 Volvo S60 2.5t Sedan 4-door 2.5l-black Exterior/tan Leather Int-sunroof on 2040-cars

Auto blog

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.

Tony Nicolosi named CEO of Volvo Cars North America

Volvo announced today that it has named Tony Nicolosi, president and CEO of Volvo Car Financial Services VCFS), as the new CEO of Volvo Cars of North America (VCNA). Nicolosi replaces John Maloney, who chose to leave due to family obligations after Volvo offered him a position in Europe.
Volvo says Nicolosi will remain president and CEO of VCFS while he assumes VCNA's top position. The Swedish automaker also says a "permanent successor [to Maloney] as President and CEO will be the subject of a later announcement."
The move comes as part of a management shakeup that's part of a "larger transformation taking place at Volvo," the automaker says.

China's Geely says it has no plan to buy Fiat Chrysler — as FCA stock leaps

HONG KONG — Chinese carmaker Geely Automobile denied media speculation on Wednesday that it planned to make a takeover bid for Fiat Chryslerk Automobiles (FCA), the world's seventh-largest automaker. Geely was one of several Chinese carmakers cited in by Automotive News, which said representatives of "a well-known Chinese automaker" had made an offer this month for FCA, which has a market value of almost $20 billion. "We don't have such a plan at the moment," Geely executive director Gui Shengyue told reporters at an earnings briefing, when asked if Geely was interested in Fiat. He said a foreign acquisition would be complicated, but he did not elaborate. "But for other (Chinese) brands, it could be a fast track for their development," Gui added. However, a source close to the matter said FCA and Geely Automobile's parent firm, Zhejiang Geely Holding Group, had held initial talks late last year, without disclosing their nature. The source confirmed Geely was no longer interested in FCA, noting that the parent company had only three months ago announced its first push into Southeast Asia with the purchase of 49.9 percent of struggling Malaysian carmaker Proton, a deal that also included a stake in Lotus. Geel's denial failed to dent FCA's stock. The price of its Milan-based shares has jumped more than 10 percent to a 19-year high since Automotive News first reported on Monday, citing unnamed sources, that FCA had rejected the Chinese offer as too low. FCA stock on the New York Stock Exchange rose sharply on Monday from $11.60 to $12.38 and on Wednesday was trading at $12.84. FCA declined to comment on Wednesday. FCA Chief Executive Sergio Marchionne has repeatedly called for mergers as a way of sharing the costs of making cleaner, more advanced cars, but he has repeatedly failed to find a partner and retreated from his search for in April, saying FCA would stick to its business plan. He has also spoken of spinning the successful Jeep and Ram divisions off from FCA. Europe's largest carmaker, Volkswagen, and General Motors have both said they are not interested in talks with FCA. On Wednesday, Geely Automobile reported a doubling of first-half profit, above expectations, as cars designed with Sweden's Volvo won over domestic consumers. Volvo is a unit of the Zhejiang Geely group, and has recently announced it will share its technology with Geely.