1999 Volvo V70 Xc Cross-country Xc70 No Reserve-great'n Snow $500+service Done! on 2040-cars

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Volvo returns to profitability

Ford sold Volvo to Zhejiang Geely Holding Group Limited in 2010. Just two years later, Geely announced an $11-billion investment in the Swedish carmaker, its charismatic fugleman Li Shifu saying, "We want to revive Volvo and give the brand its strength back." Two years later, after having introduced the Concept XC Coupe at the Detroit Auto Show this week, Volvo CEO Håkan Samuelsson (above, second from right) declared the company profitable again after a solid 2013 and predicted a positive 2014.
Intending to break even on operating profit in 2013, Volvo exceeded expectations and landed on the plus side due to a mix of factors. US sales declined 10.1 percent for the year to 61,233, that number still making us Volvo's largest market, but Chinese sales were up nearly 46 percent to 61,146 units, and even its home market saw a bump of 0.8 percent; total sales for the year were 427,840, a margin of 1.4-percent over the previous year. Volvo was able to do more with the tiny gain and reverse its half-year operating loss because of a global cost restructuring and thorough revamp of its Chinese distribution network. An announcement of 2013's financial results will come in March.
Bullishness on 2014 comes from the company's intention to focus on its two biggest markets with new models, new technology and more spending. The first product of an independent Volvo, the new XC90, will be revealed later this year on the new SPA architecture. On top of the Sensus Connect infotainment system, Volvo will add driver-aid systems like adaptive cruise control with steer assist and night-time pedestrian detection. It also has a new North American CEO and will spend more on marketing and communications here. In China it will begin to feel more effect from the two Chinese factories opened last year - it has three in the country - and, if need be, can take advantage of more advantageous exchange rates by exporting from China instead of the US. Said Samuelsson of what he expects in the US in 2014, "we will outperform the market."

Volvo finds a way to turn body panels into batteries [w/video]

One of the problems with designing an electric vehicle is figuring out where to fit the battery pack. Volvo - as a part of a European Union research project - is working on a way around this issue by replacing standard parts with lightweight components that double as batteries on both conventional and plug-in vehicles. The image above shows one such piece on a Volvo S80. While looking like nothing more than a carbon fiber plenum cover, the piece is actually a battery pack that can store and supply enough energy for the car's entire 12-volt power system.
The parts are made by sandwiching super capacitors (which can charge faster than standard batteries) in between layers of carbon fiber. They can then be formed to replace numerous body panels such as the decklid, roof or door panels. Volvo says that the replacing the body panels and batteries with these nano batteries can help reduce the vehicle's weight by as much as 15 percent. It has taken more than three years just to design the batteries, so there's no telling when, or if, we'll ever see this technology used on a production vehicle. Scroll down for a video and press release on Volvo's innovative battery technology.

Watch this video, then buy this 1993 Volvo wagon

Do you want to be perceived as rich and cuddly? Of course you do. Then you need to buy this car.
We know it makes no sense, but that pretty much sums up our take on the video you'll see below, in which a man by the name of Christoffer Castor, from Scania County in Southern Sweden, attempts to convince any and all who watch to buy his car. The car in question is a 1993 Volvo 240 wagon, in red with a black fabric interior.
We have quite a bit of respect for the old boxy Volvo wagons here at Autoblog, and, despite the presence of some unsightly rust on the tailgate, would gladly bum about in this particular 240. We especially appreciate the five-speed manual gearbox and that it's from the car's final year in production.