1998 Volvo V70 Base Wagon 4-door 2.4l 5 Speed Manual Transmission on 2040-cars

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Dealers mobilize to protect their margins from automaker subscription services

Six individual auto brands — Lincoln, Cadillac, Porsche, Mercedes, BMW and Volvo — have established or are trialing a vehicle subscription service in the U.S. Three third-party companies — Flexdrive, Clutch and Carma — run brand-agnostic subscription services. And three automakers — Mercedes-Benz, BMW, and General Motors — have also launched short-term rental services. Dealers, afraid of how these trends might affect their margins, are building political and lawmaking campaigns to protect their revenue streams. So far, three states are investigating automaker subscriptions, and Indiana has banned any such service until next year. It's certain that those three states are the first fronts in a long political and legal battle. Powerful dealer franchise laws mandate the existence of dealers and restrict how automakers are allowed to interact with customers to sell a vehicle. On top of that, Bob Reisner, CEO of Nassau Business Funding & Services, said, "Dealers and their associations are among the strongest political operators in many states. They as a group are difficult for state politicians to vote against." In California earlier this year, the state Assembly debated a bill with wide-ranging provisions to protect against what the California New Car Dealers Association called "inappropriate treatment of dealers by manufacturers." One of those provisions stipulated that subscription services need to go through dealers, but that item got stripped out when dealers and manufacturers agreed to discuss the matter further. In Indiana, Gov. Eric Holcomb signed a moratorium on all subscription programs by dealers or manufacturers until May 1, 2019, to give legislators more time to investigate. Dealers in New Jersey have taken their campaign to the state capitol, asking that the cars in subscription programs get a different classification for registration purposes. Automakers run the current subscription services and own the vehicles. Sign-ups and financial transactions happen online or through apps, leaving dealers to do little more than act as fulfillment centers to various degrees, with little legal recourse as to compensation amounts when they're called on to deliver or service a car. That's a bad base to build on for business owners who've sunk millions of dollars into their operations.

Volvo denies boss Jacoby is taking a run at Opel CEO post

It seems that every news report that involves the name "Opel" is eventually followed by a report that says, "Uh, never mind." Executives fill positions, then they're gone, or they're supposed to fill positions but duck out before doing so, five-year product offensives turn into grabbing for life preservers, and turnaround plans are followed by... new turnaround plans. With the recent departure of Opel CEO Karl-Friedrich Stracke, Swedish newspaper Dagens Industri reported that Volvo CEO Stefan Jacoby topped the list of candidates to sit in Opel's very hot seat.
Volvo spokesman Stefan Elfstrom has piped up to say "Mr. Jacoby is fully occupied with running Volvo and has no plan for leaving his present job." Stranger things have happened, though, and who knows what the truth is, but we have to admit we'd be surprised if Jacoby jumped off the Volvo express - recently given an $11-billion boost by parent company Geely - to take his chances in the Opel maelstrom.
So Opel's search for a CEO continues. At least we have the Adam to look forward to.

2022 Volvo XC60 Recharge First Drive Review | Pumping up the electric range

PALM SPRINGS, Calif — It may not look like it on the outside, but the 2022 Volvo XC60 Recharge is a substantially updated plug-in hybrid SUV. In fact, the entire XC60 line is refreshed for the 2022 model year, but weÂ’re going to zero in on the Recharge PHEV.  Volvo let us spend a day behind the wheel of the newly-announced “extended range” Recharge model in sunny California, and we came away with far more feelings than expected from this Swedish crossover. Just so everybody is on the same page, the “extended range” Recharge represents a mid-model-year refresh of the XC60 Recharge. There were 2022 model year XC60 Recharge models sold prior to today that featured the same electric hardware as prior model years, and therefore featured the old EPA-estimated electric range of 19 miles on a full charge. The “extended range” model that we drove bumps that all the way up to 36 miles, nearly doubling the previous range. Volvo says that these new “extended range” models are the ones shipping to dealers now, not the older model. This is definitely something to be aware of in later years should you find a used 2022 XC60. So, how has Volvo found this much extra range? The big difference is in the battery pack, going from an 11.6-kilowatt-hour pack to an 18.8-kWh pack. Volvo managed to package a third layer of cells into the pack that it didnÂ’t have before, and it did so in the same space as before — it continues to run along the carÂ’s spine in the center tunnel area. Volvo claims that this more energy-dense battery pack will take 5-8 hours to charge when hooked up to a 240V power source, so you should easily get a full charge by leaving it plugged in overnight, assuming you have the applicable charging hardware.  This new battery pack is paired with a totally revamped powertrain setup. The layout is the same as before. That means there is an electric motor positioned on the rear axle that drives the rear wheels and a gasoline engine in front that exclusively powers the front wheels, thereby giving the XC60 Recharge all-wheel drive. To our delight, both the electric motor and the gasoline engine are new this year. The new rear electric motor represents a big power boost, with 143 horsepower greatly surpassing the old motorÂ’s 87 horsepower. Ultimately, this means that the XC60 Recharge is now significantly more enjoyable to drive in its purely electric mode (aptly named “Pure”).