No diesel for new Volvo S60 saloon

Volvo S60

Volvo Cars' commitment to a long-term future beyond the traditional combustion engine is already known.

Instead, they will be available as either a mild petrol hybrid, plug-in petrol hybrid or battery electric vehicle.

Other new Volvo models will follow the S60's example.

"Our future is electric and we will no longer develop a new generation of diesel engines", said Håkan Samuelsson, president and chief executive of Volvo Cars.

Production of the S60 will start later this year at Volvo's new plant near Charleston, South Carolina.

Meanwhile, Fiat Chrysler Automobiles NV will cease to offer diesel versions for its Alfa Romeo, Fiat, Jeep and Maserati brands by 2022, as Chief Executive Officer Sergio Marchionne sees hybrid vehicles as the way to meet goals on Carbon dioxide reduction - with diesel sales unlikely to recover.

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Volvo made headlines previous year by announcing all new cars from 2019 will feature some form of hybridisation or electrification.

Volvo has pledged that it won't launch any new diesel models, starting with the new S60 saloon and V60 estate.

A switch away from diesel cars could cause problems for authorities trying to meet Carbon dioxide emissions targets, as petrol cars typically emit more Carbon dioxide.

Speaking to the FT, Hakan said the only advantage diesels now have for drivers is better fuel economy, but "you can get that back with a mild-hybrid engine". While Toyota Motor Corp. and Nissan Motor Co. earlier chose to phase out diesel choices altogether amid declining demand, diesel sales made up 70 percent for Volvo in Europe past year.

The new S60, a premium mid-size sports saloon, is based on Volvo's in-house-developed Scalable Product Architecture (SPA) platform, which also underpins the company's new 90 series and 60 series cars. Mercedes has reveaed that its facelifted C-Class will get a diesel-electric hybrid option, badged C 300 de, while Kia announced recently that its Sportage is to be offered with 48V diesel-electric technology.

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