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On 28 March 2010, Ford sold Volvo Cars at a loss to Geely Holding for $1.8 billion; the deal closed in August 2010. [4] [5] Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely Holding still retains majority ownership. Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum.
The Volvo XC60 is a compact luxury crossover SUV manufactured and marketed by Swedish automaker Volvo Cars since 2008. The XC60 is part of Volvo's 60 Series of automobiles, along with the S60 , S60 Cross Country , V60 , and V60 Cross Country .
In 2024, Volvo renamed the battery electric XC40 to the Volvo EX40, aligning it with newer battery electric models such as the EX30 and the EX90. [ 15 ] A coupe version of the battery electric model with a sloping rear roof was released in 2021 as the C40 Recharge .
The Volvo XC90 is a mid-size luxury SUV [1] [2] manufactured and marketed by Volvo Cars since 2002 and now in its second generation.. The first generation was introduced at the 2002 North American International Auto Show and used the Volvo P2 platform shared with the first generation Volvo S80 and other large Volvo cars.
Second generation Volvo V70 R. As with the previous generation, Volvo offered a high-performance variant called the V70 R AWD. [17] Based on the PCC2 [18] concept car from 2001, the model was unveiled at the 2002 Paris Motor Show on 26 September. [19] Released in 2003, [20] the model pioneered many firsts for Volvo.
The car helped change perceptions of Volvo: "The S40/V40 range was the car that finally persuaded buyers that Volvo really could build a credible compact executive car", reported the RAC. [12] For the 2000 model year, Volvo expanded the S40/V40's market to North America, where this range went on sale exclusively with the 1.9 liter turbo. [13]
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A pre-production version of the Volvo V60 diesel-electric transmission plug-in hybrid was unveiled at the Geneva Motor Show in March 2011. The V60 plug in is the result of close cooperation between Volvo Cars and Swedish energy supplier Vattenfall. [16] The V60 plug-in has a price of around €50,000 (£40,000, US$64,600). [17]
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