If you happen to be in Gothenburg, Sweden there’s a chance you’ll see a self-driving Volvo vehicle. Continue Reading...
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Arguably autonomous cars are the next major hurdle facing both automakers and supplier companies. It seems like the entire industry is working on self-driving vehicles, including Volvo. Continue Reading...
Volvo is not usually known for building lust-worthy performance machines. Generally their products are safe, solid and secure, important attributes to be certain but they’re hardly the stuff dreams are made of. However, the addition of performance-tuned V60 and S60 Polestar models is spicing things up for the Staid Swede. Continue Reading...
Volvo showcased a new two-door design study at the North American International Auto Show in Detroit today and it’s called the Concept XC Coupe. Continue Reading...
We really haven’t heard much from Volvo lately. The Swedish automaker that didn’t go bankrupt has been pretty quiet, even when the Chinese took over. Still, they’ve been busy enough to release this vehicle in Detroit, the Concept XC Coupe. Continue Reading...
Mercedes-Benz won’t be bringing a new S-Class with them to the Paris Auto Show this year, instead, the German luxury brand will show off a sculpture entitled “Aesthetics S”, and a projection display, both of which tease the design of the brand new S-Class. Continue Reading...
April 14, 1927 marked the first mass-produced Volvo ÖV4 model to roll off the Volvo Lundby factory of Göteborg, Sweden. Now, 2012 marks the 85th anniversary of Volvo cars. To celebrate the occasion, Volvo president and CEO Stefan Jacoby will join Volvo Group president and CEO Olof Persson to drive a restored ÖV4 past the… Continue Reading...
The spy photos have been pouring in lately, and in our latest batch we’ve got a nice, nearly uncovered view of the upcoming Mercedes-Benz S-Class. These photos were snapped in Sweden, as the new model looks to test out its chops in the cold weather. The new model of the flagship German sedan looks to… Continue Reading...
It was only a few months ago when we reported that the Koenigsegg Agera R had set record breaking times in acceleration runs from 0-200 mph and 0-300 km/h (0-186 mph). Now these figures have been verified by the Guinness Book of World Records, and it has named the Agera R as the fastest accelerating… Continue Reading...
After much back and forth over the past months between Swedish Automaker Saab and Chinese suitors Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co., it seems like funding for Saab is very much back. The Chinese companies have both agreed to buy the Swedish automaker, providing the company with some much needed… Continue Reading...
Volvo Cars plan to discontinue production of the Volvo C70 convertible at the Pininfarina Sverige AB plant of Uddevalla, Sweden, by 2013. Established as a joint venture between Italian design house Pininfarina and the Swedish Automaker since 2005, the plant is responsible of building only the C70 model and employs 600 workers for the task. Volvo… Continue Reading...
Saab‘s museum collection of historically significant vehicles was seized by Swedish authorities from the company’s museum. The Swedish Enforcement Office took possession of the museum and other contents, including 13 exhibits, 22 engines and six workshop tools. Saab is said to owe parts suppliers more than $31 million in overdue payments, and the Swedish government… Continue Reading...
There was a time, some 35-odd years ago, when the only engines found under the hood of a Volvo were four-cylinder units. Some were naturally aspirated, and some were boosted via a turbo-charger. However, due to the demands and pressures from customers and share holders, Volvo started producing five-cylinder, six-cylinder engines. They even got Yamaha… Continue Reading...
It was just yesterday when we reported that Saab was seeking government protection against bankruptcy, but now it seems like this step has failed. A Swedish court has rejected a protection and voluntary reorganization plan, citing that it does not believe any steps the automaker makes will help it to recover. Saab is “disappointed” with… Continue Reading...
Can a Volvo transport truck beat a Ferrari in a drag race? Not unbelievable enough for you? Then let’s make the Volvo a hybrid too. OK, so this Volvo isn’t exactly capable of hauling any loads down the Motorväg, but it still makes for an exciting comparo… or at least it did until we found… Continue Reading...
Debt ridden Saab is to apply for court protection from its creditors in a bid to stave off bankruptcy get again. For months, the automaker has struggled to raise finances to pay off suppliers, and as a result, has halted production. Saab was rescued from bankruptcy last year by Dutch owner, Swedish Automobile (formerly Spyker),… Continue Reading...
Sweden’s debt agency is claiming they have successfully investigated a handful of Saab bank accounts with some success. On Friday, the agency uncovered $796,291 which is enough to cover debts owed to the first four companies waiting for payment. The debt agency has contacted other banks holding Saab accounts in order to understand exactly where the Swedish automaker stands…. Continue Reading...
Sweden’s regulators started the collection process against Saab Automobile after the struggling automaker failed to meet a Tuesday deadline to pay two suppliers. ”We’ve just begun by looking at what kind of bank accounts they have and what kind of collateral there might be” in the process that started Wednesday, Tommy Barkman, a case worker… Continue Reading...
Typically a Saab news story nowadays is either to do with financial woes or plant shut downs, however, thanks to the company’s recent injection of investor cash, both these issues will be dealt with by the end of August. With plans to move forward, Saab is now talking about the future, with an eye on… Continue Reading...
Another week and another episode in the Saab drama is upon us. Now news comes that this ailing Swedish brand has halted production on building any new cars until Aug. 9, 2011. The delay is caused by suppliers, who want Saab to clear its debt with them before they provide any further parts. Saab has… Continue Reading...
Union employees working for Saab are growing impatient after the automaker said it could not pay wages to its workers because it had not yet obtained necessary short-term funding. The unions have threatened legal action that could end in bankruptcy for the automaker. The IF Metall and Unionen groups will send a formal demand for payment… Continue Reading...
Saab’s ongoing drama will remain at a standstill for another two weeks. Saab’s Trollhattan factory in Sweden, has not produced vehicles for most of April and May because of issues regarding paying suppliers. The factory bounced back in late May, but was quickly forced to stop production when part supplies ran out yet again. “There will be… Continue Reading...
The drama involving Saab is on-going and doesn’t seem to show any signs of slowing down. It seems every time the company starts production, something will cause the production line to stop, whether its money related or parts supply related, and often both. Saab was hoping to have some stability back in their lives after… Continue Reading...
Since “All My Children” and “One Life To Live” have been canceled, soap opera fans can turn to Swedish car-firm Saab for their weekly dose of drama. Saab has seen its fair share of ups and downs in the last year and a half. General Motors almost left it for dead when a take-over deal… Continue Reading...