Volvo "Will No Longer Develop a New Generation of Diesel Engines"

New Volvo S60 Won't Offer Diesel Engine

New Volvo S60 Won't Offer Diesel Engine

Volvo is jumping onto the anti-diesel bandwagon, the Swedish carmaker announcing that it plans to completely eliminate diesel engines from its line-up.

The company reiterated its goal of launching only electrified models starting next year. Volvo was the first manufacturer to announce an all-electric future for its vehicles back in 2017. "We will phase out cars with only an internal combustion engine, with [gasoline] hybrid versions as a transitional option as we move towards full electrification".

Volvo has confirmed its upcoming S60 sedan won't offer a turbodiesel engine. Come 2019, every Volvo in the lineup will be available as a mild-hybrid, plug-in hybrid, or battery-powered electric vehicle. "The new S60 represents the next step in that commitment", he has said. The automaker says the auto will feature pure gasoline and two plug-in hybrid options at launch, with mild hybrid versions to follow in 2019.

The S60, which is based on the same SPA chassis technology as the V60 and the larger S90, V90 and XC90, will be launched with a range of four-cylinder Drive-E petrol engines and a plug-in hybrid edition.

Backlash at 'powerlessness' president in wake of Paris knife attack — MACRON SAVAGED
It was the latest in a succession of attacks in France since January 2015 in which more than 240 people have died. Its military interventions overseas have exposed it to attack by Islamist militants at home.

Mallinckrodt (MNK) Issueds New 52-Week High and Low at $12.13
The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. Nine analysts have made estimates for Mallinckrodt's earnings, with estimates ranging from $545.60 million to $589.00 million.

PNB fraud: Nirav Modi's ex-director moves HC for quashing LOC
The remaining provision of Rs 7,178.42 crore will be made during the first three quarters of the ensuing financial year. The total income for the fourth quarter declined to Rs 12,945.68 crore from Rs 14,989.33 crore in the year-ago period.

Meanwhile, Fiat Chrysler Automobiles NV will cease to offer diesel versions for its Alfa Romeo, Fiat, Jeep and Maserati brands by 2022, as Chief Executive Officer Sergio Marchionne sees hybrid vehicles as the way to meet goals on Carbon dioxide reduction - with diesel sales unlikely to recover.

Production of the new S60 will start this autumn at Volvo Cars' brand-new manufacturing facility outside Charleston, South Carolina. Interestingly, the plant will be the sole hub for the S60, meaning USA -built S60s will be sold worldwide.

But this is not going to happen overnight, as Volvo expects fully-electric cars to account for just 50 percent of its global sales by 2025 and even that estimation is perhaps a bit ambitious.

The decision to make a diesel-free S60 doesn't affect Americans.

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