1991 Volvo 740 Base Sedan 4-door 2.3l on 2040-cars

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Jaguar turns down offers to join V8 Supercars, questions AMG, Volvo participation

Rumors have swirled in recent weeks that Jaguar may be the next manufacturer to join the V8 Supercars racing series, made popular in Australia but now well-known in other parts of the world as well. Sadly, Jag's participation is not to be. In fact, it would be "insane," according to Jaguar Land Rover Asia Pacific Managing Director David Blackhall, for it to accept either of the two offers it has received to bring Jaguar into V8 Supercars.
Not only is Jaguar not interested in entering V8 Supercars, says Blackhall, it also fails to understand the recent entries from AMG and Volvo. "I don't know what it does for AMG to get flogged by a V8 Commodore week after week, but it's their brand, their issue. And the same thing will happen to Volvo to be honest."
Judging by Blackhall's statements to motoring.com.au, after not-so-serious consideration, the automaker decided the monetary commitment it would take to compete for wins would be more than any potential exposure would be worth, despite the fact that Jaguar has a 5.0-liter V8 to go along with what would seem to be a tailor-made rear-wheel-drive chassis. For what it's worth, one offer would have had Jaguar putting its name across an engine made by someone else, an option that was flatly turned down.

Volvo Concept Estate to spawn V90 luxury wagon, joining CUV and coupe

The Volvo Concept Estate garnered Autoblog's Editors' Choice award as our team's favorite reveal at the 2014 Geneva Motor Show earlier this month for its sleek take on Scandinavian design, and now it looks like we might actually see the sleek wagon in production. Volvo is reportedly considering using the concept as the basis for a replacement for the V70 wagon, dubbing the new model V90.
It's rumored to be part of the Swedish brand's plan to launch a new range of 90-series vehicles. In addition to the more luxury-oriented wagon, the family of models includes the XC90 that is expected to debut later this year. According to MotorAuthority, Volvo is also considering using the same version of its Scalable Product Architecture that underpins the crossover to create a range-topping S90 sedan to replace the S80. Assuming it's a success, a C90 coupe is even a possibility. All of these models would be outfitted with the company's Drive-E four-cylinder engine family, which includes hybrids and plug-in hybrids.
The Swedish automaker is also looking downmarket with help from owner Geely in China with replacement 40-series models. According to MotorAuthority, the duo's rumored small car platform will be used to create an updated V40 wagon, C40 hatchback (a C30 successor), as well as an XC40 compact crossover.

Volvo returns to profitability

Ford sold Volvo to Zhejiang Geely Holding Group Limited in 2010. Just two years later, Geely announced an $11-billion investment in the Swedish carmaker, its charismatic fugleman Li Shifu saying, "We want to revive Volvo and give the brand its strength back." Two years later, after having introduced the Concept XC Coupe at the Detroit Auto Show this week, Volvo CEO Håkan Samuelsson (above, second from right) declared the company profitable again after a solid 2013 and predicted a positive 2014.
Intending to break even on operating profit in 2013, Volvo exceeded expectations and landed on the plus side due to a mix of factors. US sales declined 10.1 percent for the year to 61,233, that number still making us Volvo's largest market, but Chinese sales were up nearly 46 percent to 61,146 units, and even its home market saw a bump of 0.8 percent; total sales for the year were 427,840, a margin of 1.4-percent over the previous year. Volvo was able to do more with the tiny gain and reverse its half-year operating loss because of a global cost restructuring and thorough revamp of its Chinese distribution network. An announcement of 2013's financial results will come in March.
Bullishness on 2014 comes from the company's intention to focus on its two biggest markets with new models, new technology and more spending. The first product of an independent Volvo, the new XC90, will be revealed later this year on the new SPA architecture. On top of the Sensus Connect infotainment system, Volvo will add driver-aid systems like adaptive cruise control with steer assist and night-time pedestrian detection. It also has a new North American CEO and will spend more on marketing and communications here. In China it will begin to feel more effect from the two Chinese factories opened last year - it has three in the country - and, if need be, can take advantage of more advantageous exchange rates by exporting from China instead of the US. Said Samuelsson of what he expects in the US in 2014, "we will outperform the market."