Volvo Is Still In The Wagon Business: V60 Spied

After years and years of assuring us that they would never enter into the SUV segment (mostly around the time when most SUV’s Ford Explorers were flipping over right and left) for safety reasons, we now have two SUV’s offered from the Swedish brand. And what SUV’s they are too. The XC90 looks great and the most critical, brutal automotive journalist in the world, Jeremy Clarkson, is even quite fond of it. Of the XC90 he said, “It is by far the best of all the school-run-mobiles because there really is room for seven people, 14 legs and two dogs in the boot as well. No other car maker — and this is strange — has managed to pull off a similar trick without ending up with a bus…we should all have one immediately”.

Praise doesn’t get much higher than that. In fact, Jeremy has practiced what he preached and is currently on his third XC90.

Then you have the smaller XC60, which we can personally atest too, is at the top end of the segment. It can easily go head to head with BMW, Audi and Mercedes-Benz’s offerings.

So, why even bother with wagons when they can do SUV’s so well?

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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.

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