1997 Volvo 850 Wagon 4-dr 2.4l Gas Saving Luxury Family Reliable Room No Reserve on 2040-cars

Auto blog

Lotus' new position: Much improved, if Volvo's experience is a guide

Out today is the news that Geely Holding will acquire controlling interest in British sports car maker Lotus Cars. While some 20 years ago the Chinese acquisition of a British automaker might have inspired grumbling from aggrieved Brits (and the handful of Lotus enthusiasts), the world has moved on. And so – thankfully – can Lotus. To suggest Lotus' business history has been checkered is to broaden the definition of "checkered." With its beginnings in the early '50s as a maker of component cars for competition, Lotus founder Colin Chapman – in a manner not unlike his postwar contemporary, Enzo Ferrari – was always hustling, living a hand-to-mouth existence in the production of road cars to support a racing program. Regrettably, Chapman never found a Fiat, as Ferrari did toward the end of the 1960s. Lotus had Ford in its corner for racing and as a resource for powertrains, and later benefited from the corporate support of both GM and Toyota for relatively short periods. Lotus Cars, however, never enjoyed the corporate buy-in that would have allowed Chapman to race and let someone else build the cars. Regardless of what Consumer Reports or Kelley Blue Book might have thought (if they had ...) about those early Lotus cars, a great many are now regarded as classics. My first knowledge of a production Lotus was when Tom McCahill, the 'dean' of automotive journalists in the US, tested an early Elan for Mechanix Illustrated. While we're still not sure, some 50 years later, how McCahill's XXL frame fit into the tiny roadster, he had nothing but praise for the Elan's athletic chassis and now-timeless design. In today's Lotus portfolio, the Elise and Exige continue that light, athletic tradition, while the larger Evora seems to strike wide – literally and figuratively – of the "less is more" ideal. With the Toyota-powered Evora, more is more. But in an eco-sensitive era demanding more of the original Chapman mantra – add lightness – there's little reason that Lotus can't regain relevance if given the financial resources. Geely's acquisition of Volvo, the fruits of which appear regularly not only in the news but on the streets, suggests the Chinese investment will provide strategic vision (along with money) while allowing Lotus talent to do what it does best: Create an exciting product. And while at various periods in its history the product has been worthy, Lotus in the US has been ill-served by a flailing dealer network.

Volvo agrees to transfer tech to new parent Geely

Following the acquisition of Volvo by China's Zhejiang Geely Holding Group in 2010, we definitely saw this news coming. The two companies have signed an agreement that will give Chinese automaker Geely access to key technologies developed by Volvo, and in turn, the deal could help the Swedish automaker lower its production costs.
As a part of the "technological cooperation agreements" signed by both companies, Automotive News China reports that Geely will be able to tap Volvo for three much-needed technologies, including the use of a midsize platform, Volvo's proven safety innovations and interior air quality systems. The latter two technologies are important to improve the crashworthiness of Geely's cars, along with helping isolate vehicle occupants from China's often severe air pollution. The report says that Volvo tech will likely be used on a premium car brand that Geely is expected to create.
Volvo, on the other hand, is to benefit from the "local market exploration experience and cost control experience" of Zhejiang Geely Holding Group, which is technical way of saying that Volvo will be able reduce its costs by tapping into Geely's established supply chain.

Junkyard Gem: 1983 Volvo 240 DL Sedan

The most iconic of all the Volvos — all the Swedish cars, for that matter — sold in the United States is and always will be the brick-shaped 200 series, which could be purchased new here from the 1975 model year all the way through 1993. Though it was an evolution of the earlier 140 series and looked nearly identical to its ancestor from any rear angle, the 240 (and, to a much lesser extent, 260) remains the most recognizable Volvo ever made. Because these cars were quite sturdy and inspired such devotion from their owners, plenty of them remain on the road to this dayÂ… and that means plenty of them wear out every year and end up taking that final tow-truck ride to the boneyard. Here's a bread-and-butter mid-1980s 244, with the sensible four-on-the-floor overdrive manual transmission and well-oxidized Richelieu Red paint, found in a self-service yard near Denver, Colorado. Prior to the 1980 model year, U.S.-market Volvo 200s were named according to a very logical system: the model name was a three-digit number, with the first digit indicating the car series, the second digit representing the number of engine cylinders, and the third digit showing the number of doors. Typically, the trim level would come after that. Just to confuse everyone, Volvo did away with everything but the trim levels when identifying these cars. Thus, this car would have been badged as a 244 DL during the 1975-1979 period, but for the first half of the 1980s it was called simply the Volvo DL. Of course, everyone who knows old Volvos today just calls this a 244, period. DL stood for Deluxe, so of course it was the cheapest trim level. The list price on this car started at $11,085, or about $31,090 in 2021 dollars. That was cheaper than a new BMW 320i ($13,290 or $37,275 now), but more expensive than more luxurious and powerful Japanese competitors such as the Datsun 810 Maxima by Nissan ($10,869 or $30,485 today) and Mazda 626 Luxury Sedan ($8,895 or $24,950 today). If you insisted on an automatic transmission in your '83 DL sedan, the price tag went up an additional 390 bucks, or about $1,094 now. This car has the base four-speed manual with the overdrive actuated by a switch on the shift knob. With 107 horsepower from this 2.3-liter straight-four engine, this car wasn't particularly quick. However, it weighed less than 3,000 pounds (despite its blocky appearance), so it got out of its own way well enough when equipped with a manual transmission.