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Like the waistline of its parent country’s bikini models, Volvo is considering trimming down—cutting its product line in half, including its legendary wagons.
Volvo CEO Stefan Jacoby believes that in America, its core products are the S60, the XC60 and XC90 SUVs. That means no more S40, no goofy-but-unloved C30 hatchback, and perhaps most egregious of all: no more V50 and V70 wagons. What is Volvo without its longroofs? Who knows, but there will likely be some members of Ithaca, New York’s Free Tibet chapter who will be sorely disappointed.
As Volvo aims to sell 120,000 cars annually—it is currently pushing less than half of that, at 53,948 vehicles for 2010—it is also considering its own captive finance division through its dealers. It will need to ink a deal with a major financial institution, as right now Volvo only offers financing through U.S. Bank.
[Source: AutoNews via Autoblog]
Volvo is adding a bit of high-end luxury to their popular S80 and V70 models with special edition models. Starting with their sedan, the S80 will have an Executive edition featuring an espresso brown or black leather instrument panel. The soft-leather seats are ventilated with a massage function and the center console now sports aluminum touches. On the dash is a classy, analog clock while the door panels are finished off with leather. Those looking for extra luxury in the S80 Executive can opt for a fridge with Swedish crystal glasses for the rear bench.
For the V70 wagon, the R-Design features LED turn indicators in the mirrors, that are now covered in silk metal. 18-inch wheels are bolted on all four corners from Ixion in a diamond-cut finish. For the interior, the R-Design sports leather upholstery in off-black and black floormats. Those interested in the R-Design package will be happy to hear that it’s available for all V70 trim models.
No pricing was announced.
GALLERY: Volvo S80 Executive and V70 R-Design
Volvo is recalling nearly 10,000 cars in the United States due to the possibility of air bags failing to deploy properly. The recall involves 9,746 2010-11 S80 and XC70s and 2011 XC60s and 2010 V70s.
Volvo said that the airbag issue involved “an intermittent fault in the driver’s airbag clock spring wiring connector for the supplemental restraint system.”
Volvo said it has received 142 complaints worldwide regarding the condition, calling it “potentially critical.” Volvo dealers will install a metal shim in the driver’s airbag to remedy the issue.
[Source: Detroit News]
Ever want to pay $87,000 for a Volvo with a name so long you can barely pronounce? Now you can, with the Heico Sportiv Volvo V70 T6 AWD R-Design, a hopped up V70 wagon made in a limited run of 100 units and retailing for almost 90 grand.
The 325 horsepower wagon will hit 60 mph in under 6 seconds and has a lower ride height, some unique cosmetic bits and bespoke alloy wheels to make it look more menacing and less wagon-like. Inside, a cocoa brown leather interior and a custom badge plate remind you why you just plunked down Porsche 911 money for a car that will likely lose 70% of its value in a few years. At least it looks good.