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Despite reducing the number of models available to US consumers in recent years, notably the compact S40 sedan and V50 Wagon, Volvo has now decided to reverse the trend somewhat by adding a T5 all-wheel drive version to its S60 line.
The new model will slot in between the front-drive S60 T5 (which currently stickers for $32,175) and the S60 T6 AWD ($39,325). Apart from utilizing Volvo’s Haldex all-wheel drive system, the T5 AWD model is mechanically almost identical to its front-drive counterpart, meaning that it’ll be powered by the same 250 horsepower, 2.5-liter blown five-cylinder motor.
And although its announcement at the Detroit Auto Show wasn’t huge news, the T5 AWD should at least give Volvo a chance at competing against AWD models of Audi and BMW’s volume sellers, the A4 Quattro and 328i xDrive.
[Source: Car & Driver]
It’s not really a surprise. With the price of food and commodities going up, manufactured goods are following suit. In the automotive arena, car stereo prices have been increasingly steadily and now the automakers themselves are doing it.
Toyota has already said it’s raising prices by around 1.7 percent on North American market vehicles; also blaming the increase on a rising Japanese Yen. Now Ford Motor Company is also doing the same, though in this case, the hike is a little less dramatic; the automaker saying the increase will only be around 0.4 percent.
George Pipas; Ford’s Chief Sales Analyst; says that in the Blue Oval’s the case the rise is purely as a result of higher commodity prices, largely fueled by the ongoing crisis in Libya. The increase comes on the back of a growth in sales last month; the automaker posting gains of some 16 percent in the US.
[Source: Automotive News]