2004 Volvo Xc70 Cross Country Awd 1 Owner Stunning Condition on 2040-cars

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Volvo credits China, Europe for first-half profitability

If everything goes to plan, Volvo might be showing the first signs of a turnaround after several years coping with old products and a staid image. The Swedish brand is imminently launching its next-gen XC90 SUV on a completely revised, modular platform and using a cutting-edge family of engines, and it has even more products to take advantage of the fresh components on the drawing board. "We are excited about the launch of the all-new XC90, which marks the beginning of the re-launch of the Volvo brand," said CEO Håkan Samuelsson in the company's announcement. In the meantime, the business is moving back to profitability and is even forecasting growth through the rest of 2014.
In Volvo's recently released financial and sales results for the first six months of the year, volume was up 9.5 percent to 299,013 cars. On top of that, operating income reached 1.21 billion Swedish krona ($175 million) after posting a loss in the same period in 2013. Net income was also improved to 535 million Swedish krona ($77.4 million), which was also a reversal from a negative last year.
With these great results, Volvo is now forecasting 10 percent sales growth worldwide by the end of the year, and the key to it is a booming market in some regions. China, home to parent company Geely, was up 34.4 percent first half of the year. It's now Volvo's biggest market in the world and helped by exclusive models like the S60L (pictured above) and S80L. "We are growing our presence in China and we expect to sell at least 80,000 cars there this year," said Samuelsson in the company's forecast.

Volvo confirms unnamed US model reveal for NY show

Tucked into the press release for the "display debut" of the Volvo V60 Plug-In Hybrid at the New York Auto Show, Volvo snuck in a single line announcing that it will also be introducing a new model for the North American market. As much as we'd love to see the svelte V40 on American roads, we're pretty sure the automaker is looking to fill its US station wagon void with the V60.
The 2014 Volvo V60 is part of a comprehensive lineup update that was unveiled earlier this month in Geneva, and it would give Volvo dealers a conventional wagon (not including the XC70) for the first time since the V70 and V50 were killed off. We'll still be keeping our fingers crossed for the stylish V40 hatchback or the fuel-efficient V60 diesel hybrid, but we have to wait until next week to find out for sure.

2015 Volvo S60 T6 Drive-E

For those not paying attention, Volvo has updated its S60 sedan range for 2015 with a new range of engines under the Drive-E label. Wearing the same T5 and T6 badges to note the relative levels of power under the hood, both engines are 2.0-liter four-cylinders, with the lesser being turbocharged and the greater being both supercharged and turbocharged.
Both Drive-E variants are currently only available in front-wheel-drive flavor, though Volvo will still happily sell you an S60 T5 AWD with the older 2.5-liter turbo five-cylinder, or a top-of-the-line S60 T6 with a turbo'd 3.0-liter six-cylinder and all the wheels turning.
The car I drove for a week is perhaps the most balanced version of the S60 range, with that exotic sounding twin-charged 2.0-liter mill planted happily in the attractively sloping nose. Provided you're not hung up on front-drive dynamics, the T6 Drive-E might be a solid candidate for your next premium small sedan shopping list, as well.