Find or Sell Used Cars, Trucks, and SUVs in USA

Gold 4 Door Volvo With Sunroof, Heated Leather Seats And Power Everything on 2040-cars

US $4,400.00
Year:2002 Mileage:94456
Location:

Osceola, Indiana, United States

Osceola, Indiana, United States
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3rd owner well maintained after sitting in a garage for approx. 3 years. Purchased from a long time friend. Just ready to upgrade

Auto Services in Indiana

Wolski`s Auto Repair ★★★★★

Auto Repair & Service, Automobile Diagnostic Service, Brake Repair
Address: 9749 Spring St, Dyer
Phone: (219) 922-1886

Wheels Auto Sales ★★★★★

Auto Repair & Service, New Car Dealers, Used Car Dealers
Address: 624 S Walnut St, Gosport
Phone: (812) 331-1524

Tony Kinser Body Shop ★★★★★

Auto Repair & Service, Automobile Body Repairing & Painting, Dent Removal
Address: 2404 N Smith Pike, Unionville
Phone: (812) 558-0757

Tilley`s Hilltop ★★★★★

Auto Repair & Service, Automobile Parts & Supplies, Auto Transmission
Address: 4427 E Pleasant Ridge Rd, Madison
Phone: (812) 273-4667

Standard Auto Sales ★★★★★

New Car Dealers, Automobile Accessories
Address: 135 N Halsted St, Hammond
Phone: (708) 755-4537

Schepper`s Tires & Batteries ★★★★★

Auto Repair & Service, Used Car Dealers, Automobile Parts & Supplies
Address: 100 Main St, Clay-City
Phone: (812) 939-2882

Auto blog

Volvo Cars plans $20 billion stock IPO this month, sources say

Wed, Sep 15 2021

STOCKHOLM — 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 Cars picks Ember Technologies chief Jim Rowan as new CEO

Tue, Jan 4 2022

Jim Rowan (Reuters)   STOCKHOLM — Volvo Car Group has appointed Jim Rowan as new chief executive to succeed longtime CEO Hakan Samuelsson in March, it said on Tuesday. Rowan, currently CEO at U.S-based Ember Technologies, is taking over just months after Volvo wrapped up its initial public offering, the biggest in Europe last year. He will face the task of steering the carmaker towards its goal to sell 50% pure electric cars by the middle of this decade and electric cars only by 2030. "Volvo Cars is going through a rapid transformation of digitalization, which is why we wanted to bring in someone with global CEO experience from outside the automotive industry," Volvo Chairperson Eric Li said in a statement. Samuelsson joined Volvo's board in 2010 and has been CEO for almost 10 years, with his contract coming to an end this year. Before joining Ember in 2021, Rowan had been CEO of Dyson. Volvo, majority owned by China's Geely Holding, said Samuelsson will stay in his role until Rowan starts in March. Samuelsson will also leave the board, while continuing as chairman of electric vehicle maker Polestar. Polestar, in which Volvo owns 49%, aims to go public through a reverse merger with special-purpose acquisition company (SPAC) Gores Guggenheim. The deal is expected to close in the first half of 2022.  

Volvo to finally replace XC90 in 2014

Wed, 16 Jan 2013

There's not a whole lot of life left in the current Volvo XC90, but it seems a replacement is on the way. According to What Car?, Volvo will launch its new flagship crossover sometime in 2014, riding on an all new platform that will eventually underpin several models in the company's range.
According to Volvo boss Hakan Samuelsson, this new architecture will eventually underpin the next-generation S60, V70, S80 and XC60, all of which will be getting mid-cycle enhancements over the next year. In speaking to What Car?, Samuelsson said that Volvo would not try to follow the paths set by BMW and Mercedes-Benz, instead focusing on "safety, elegant design and user-friendly functionality" for its next round of new cars.
The new XC90 will remain a seven-passenger vehicle and will be powered by a range of four-cylinder engines. Volvo will soon be dropping the five- and six-cylinder powertrains from its lineup.