WardsAuto/AutomotiveCompass data shows this year about a third of the top-volume platforms will cross four or more size segments. By 2019, that percentage will go to half, and those will span up to seven market segments....More
Outlining Volvo’s strategy, R&D chief Peter Mertens says the new Scalable Platform Architecture is designed for an all-new family of FWD powertrains utilizing compact, lightweight 4-cyl. engines complemented by hybrid technology....More
The auto maker plans to introduce four facelifted vehicles later this year as ’14 models: the S60, XC60, S80 and XC70, which represent 83% of U.S. sales. “There’s no signal that we’re lessening our pace here,” John Maloney says....More
German Lopez, chairman of Volvo Car Spain, says the red ink resulted from the overall contraction of the country’s automobile market and the delayed arrival of the new V40 5-door hatchback. He expects a return to profitability in 2013....More
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