2001 Volvo V70 Xc Awd Cross Country Turbo Loaded on 2040-cars

Auto blog

These are the top luxury cars bought by people entering the segment for the first time

Let's say you just got a big promotion at work or the kids are moving out of the house, and you finally have some extra money. You decide to blow it all at once and treat yourself by upgrading your ride. Naturally, you look to a luxury automaker. What do you choose?
Models like the Audi A3 and Mercedes-Benz CLA-Class may be tailor-made to introduce buyers to the premium segment, but a new study finds that they don't garner the highest rates of non-luxury customer conquests. It turns out that a Volvo leads among folks moving up to a premium brand, and it isn't even one that's made anymore, at that.
A recent study by Polk and IHS Automotive looked at what models had the highest rates of buyers upgrading from a non-luxury segment. The information comes from its new vehicle registration data through April 2014. All ten top models boasted conquest rates of over 50 percent, but the Volvo C70 led the field with 68.01 percent of its customers coming from non-premium brands.

Tony Nicolosi named CEO of Volvo Cars North America

Volvo announced today that it has named Tony Nicolosi, president and CEO of Volvo Car Financial Services VCFS), as the new CEO of Volvo Cars of North America (VCNA). Nicolosi replaces John Maloney, who chose to leave due to family obligations after Volvo offered him a position in Europe.
Volvo says Nicolosi will remain president and CEO of VCFS while he assumes VCNA's top position. The Swedish automaker also says a "permanent successor [to Maloney] as President and CEO will be the subject of a later announcement."
The move comes as part of a management shakeup that's part of a "larger transformation taking place at Volvo," the automaker says.

Volvo recalls another 195,000 vehicles for airbags after a death

Volvo has recalled 194,546 vehicles built between 2001 and 2007 due to airbag inflators that "may explode during deployment, due to propellant degradation occurring after long-term exposure to high absolute humidity, high temperatures, and high temperature cycling." The vehicles included in this recall are V70 and XC70 models that were built from Feb. 22, 2000 through May 4, 2007, but similar recalls have included other Volvo models for the same issue. In total, Volvo has recalled more than half a million vehicles worldwide to replace faulty inflators. To find out if your vehicle has been recalled in the United States, visit the official site of the National Highway Traffic Safety Administration. Owners can also contact Volvo Car customer service at 1-800-458-1552. The number for this particular recall is R10136. According to the recall notice, Volvo is aware of one incident in which an inflator ruptured, killing the driver. While these airbag recalls may sound familiar due to the massive number of inflators that were made by Takata and were recalled and replaced, the inflators used by Volvo were manufactured by supplier ZF/TRW. Takata's faulty airbag inflators have been blamed for at least 19 deaths in the United States and 28 worldwide, along with more than 400 injuries in the U.S. alone. Volvo will replace the driver-side airbag of affected vehicles at no charge "with a modern state-of-the-art propellant/inflator." Owners of affected vehicles should expect to receive a notice in the mail after December 14, 2021. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.