2004 Volvo C70 Lt on 2040-cars
5010 W Market St, Greensboro, North Carolina, United States
Engine:2.4L I5 20V MPFI DOHC Turbo
Transmission:5-Speed Automatic
VIN (Vehicle Identification Number): YV1NC63D44J050814
Stock Num: TAS985412
Make: Volvo
Model: C70 LT
Year: 2004
Exterior Color: Blue
Interior Color: Graphite
Options: Drive Type: FWD
Number of Doors: 2 Doors
Mileage: 102068
CONTACT US AND WE WILL SEND YOU A FREE CARFAX REPORT. AND ALL OUR CARS COME WITH A 3 MONTH OR 4500 MILE POWER TRAIN WARRANTY.Visit Triad Auto Solutions online at www.triadautosolutions.com to see more pictures of this vehicle or call us at 888-459-9121 today to schedule your test drive. Test drives are available to anyone of the age of 21 or above with a valid drivers license. If you or your organization is looking to purchase a vehicle, please call us at 888-459-9121. If you or your organization wants us to contact you, please click the Car Finder tab at the top to let us know you were not able to find a car on our website. We try hard to offer the fastest service possible and someone will contact as soon as they are able too. Looking forward to speaking with you! Most honest in the business the honesty that everyone is looking for. Here at Triad Auto Solutions the customer is top priority. It does not matter what kind of car we get we make sure it is in great running condition so you the customer will not have to spend your money. We do a complete check of the car to give assurance to the buyer it is in tip top shape. We want to give you the peace of mind.
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Volvo Cars plans $20 billion stock IPO this month, sources say
Wed, Sep 15 2021STOCKHOLM — China's Geely Holding is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three sources told Reuters, in what is expected to be one of Europe's biggest initial public offerings (IPOs) this year. Volvo Cars is aiming for a valuation of about $20 billion in the planned Stockholm listing, the sources said, with one saying the launch was penciled in for the end of September. Goldman Sachs and SEB are leading the transaction, while other banks including BNP Paribas, Carnegie and HSBC are also involved in the deal, the sources added. Volvo Cars declined to comment. Geely did not immediately respond to an emailed request for comment outside normal business hours in China. SEB and Goldman Sachs declined to comment. The other banks were not immediately available. Geely, which bought Volvo from Ford more than a decade ago in the biggest acquisition by a Chinese firm of a foreign car maker, sought to float shares in the Swedish firm in 2018 but then pulled the deal citing trade tensions and a downturn in automotive stocks. Traditional carmakers have fallen out of favor in recent years, as Tesla has risen to be one of the world's most valuable companies, putting the focus on electric vehicles. Many European firms have pivoted toward the electric sector, including Volvo, which aims to only make fully electric cars by 2030 and owns a 49.5% stake in electric car maker Polestar. Valuation Gothenburg-based Volvo Cars aims to secure a valuation of roughly $20 billion, one of the sources said, while another mentioned a possible range of $20 billion to $30 billion. A third source suggested a $16 billion valuation was more realistic, citing the firm's revenue outlook. A $20 billion valuation for Volvo would be equivalent to six to seven times its earnings, a level some analysts say is high although it would put it in line with rivals Daimler and BMW. Tesla's valuation is more than 70 times that. NordLB's automotive analyst Frank Schwope estimated a valuation range of $10 billion to $15 billion. "The strong margins seen in the first half of 2021 are unlikely sustainable as the market benefited from a strong post-pandemic rebound that is unlikely to continue," Schwope said. For Geely's founder Li Shufu, who bought Volvo for $1.8 billion, the listing is a milestone on the road to transport of the future, where cars are part of an electrified network of mobility services generating data and business opportunities.
Volvo already planning road-going V8 Supercar?
Sat, 15 Mar 2014After decades of cat-and-mouse battle waged between Holden and Ford, Australia's V8 Supercars series has expanded considerably. Mercedes and Nissan both joined the grid last season, and Volvo has followed suit this year. So when 2014 championship kicked off earlier this month in Adelaide, everyone was watching to see who would come out on top.
The answer is Holden, which took first place in all three of the weekend's races. In fact the General Motors division locked out the podium in the first and third races and took first and third places in the second race, letting just one other manufacturer onto the podium the entire weekend - and that was Volvo. The Polestar S60 scored second place on its first race weekend, beating all the Nissan Altimas, the Mercedes E63 AMGs, the Ford Falcons and most of the Holden Commodores.
Now that's hardly winning the championship, but it's a very solid debut. And that point was not lost on the people back at headquarters in Sweden, who are already thinking about making a roadgoing version of the race-spec V8 Supercar.
Volvo recommits to Sweden with development of next-gen platform and engines
Tue, 04 Dec 2012Taking into account the facts that Volvo is now owned by China's Geely and how poorly the European automotive market has been recently, we would have definitely understood if Volvo moved production of its products out of its home market. And yet, the automaker has confirmed that it will be investing billions of dollars into new platforms and engines that will be made in Sweden. On a global scale, Volvo is making roughly $11 billion of investments, and close to half of that is being earmarked for Sweden for plant expansion and upgrades.
The new Scalable Product Architecture (SPA) platform will be the used as the basis for most future Volvo products starting with the next-generation XC90 that will be debuting at the end of 2014. SPA will be used to make up two-thirds of Volvo's sales, and gives Volvo a quicker and easier break from Ford-derived platforms. As for the Volvo Engine Architecture (VEA) family of engines, there are really no details about this mill except that it will be a four-cylinder that is more fuel efficient than current engines.
Scroll down for the Volvo press release.