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The 2011 Volvo S60 will be priced from $38,550, a price hike of roughly $7,000 from the outgoing model. The new S60 is a complete departure from the outgoing car, featuring larger dimensions, standard all-wheel drive and the Volvo T6 six-cylinder engine featuring 300 horsepower and 325 lb-ft of torque mated to a six-speed automatic gearbox. Option packages can easily push the sticker price of the car to over $45,000, but the S60 is undoubtedly a much more premium car than the outgoing model.
With cars like the S80 and XC60, Volvo, like Saab, seems to be making a push into the upmarket, but only time will tell if their gamble will pay dividends.