Volvo Canada Offering Power Upgrade to T5 Owners

I recently had the opportunity to review the 2011 C30 T5. My conclusion? A very capable, fun to drive hot hatch. The turbocharged 5 cylinder engine is quite good. But now Volvo is giving current T5 owners the opportunity to make it even better.

If you are the current owner of a 2008+ C30, C70 or S40 with the T5 engine, Volvo will upgrade your engine with 23 more horsepower and 29 more pound feet of torque for $1,295. That will give your Volvo a total of 241 horses and 236 pound feet of torque. Considering the price and the fact that it will not void your warranty, that’s a pretty good deal.

“Our performance-minded customers have demonstrated that there is interest in developing warranty-friendly performance upgrades for their vehicles,” said Carol Kitchen, vice president of customer service for Volvo Cars of Canada, “This Polestar tuning program allows driving enthusiasts to unlock the power potential of our engines.”

Volvo received immensely high praise when they teamed up with Polestar to produce the C30 Polestar concept earlier this year.

Sounds like Volvo is very close to perfecting the performance + safety recipe. Exciting!

Would you pay for the performance upgrade?

[Volvo Canada]

Volvo to be Sold to Geely for $1.8 billion?

Just as soon as reports came in of the sale of Saab,  reports came in just as quickly for a sale of Saab’s rival, Volvo.

Chinese brand Geely has been rumoured to be the preferred bidder of Volvo for quite some time now and it looks as though they are closer to acquiring the premium brand from Ford. And all it will cost them is $1.8 billion -a bargain!

You see, Ford purchased Volvo just over a decade ago to the tune of $6.25 billion. That’s over $4 billion lost in just eleven years. In all that time, it has been said that Volvo failed to be profitable to Ford, hence the reason of the sale.

Read the rest of this entry »