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.

Sonam turns heads in her second appearance at Cannes
Sonam Kpaoor opted to wear husband Anand Ahuja's owned brand Bhane's clothes on the second day of Cannes Film Festival. This was Sonam's fourth look for Cannes and she nailed it, keeping her sartorial streak on point.

EPL: Gary Neville reveals how Man United can win title next season
Former Manchester United star Neville believes the FA Cup final is a huge game for both Chelsea FC and Manchester United .

Hero canine rescues his pal from drowning in pool in viral video
ACS-low, Arizona, told the media that her husband Jay found his wet dog named Smokey and I made a decision to check what happened. Family pets Smokey and Remus snuck into the backyard and were playing on the patio when Smokey slipped and fell into the water.

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.

Related news:

Hot News

isis-killer-beheading-video-story-top Verizon names Los Angeles as 5G city
May 16, 2018 - 13:19
Verizon says it will launch fixed 5G access in three to five U.S. cities by the end of the year. Verizon first announced its plans in early 2018 to begin bringing 5G to the masses.

isis-killer-beheading-video-story-top Army Kills Two Palestinians In Gaza
May 16, 2018 - 13:15
Around 2,250 were also injured by either gunfire or tear gas. 'I could barely breathe, ' Heyam said. At the back of the room, 11-year-old Ammar sobs uncontrollably as he looks at the corpse.

isis-killer-beheading-video-story-top Paddy Power to buy New York-based fantasy sports site
May 16, 2018 - 13:13
Paddy Power Betfair plc (LON:PPB) gained on Wednesday as it confirmed it is in talks to acquire United States daily fantasy sports company FanDuel .

IShares MSCI China Small-Cap ETF (ECNS) Declines 0.18% for May 15
May 16, 2018 - 13:02
A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Both lines run in a marked range between 0-100 to help define a currency pair's strength or weakness.

isis-killer-beheading-video-story-top Mr Narendra Modi, you were absolutely right! Congress on PPP mode
May 16, 2018 - 12:42
The prices were increased two days after the Karnataka Assembly elections. "Anybody can dream and dreams would only come true if you dream.

isis-killer-beheading-video-story-top Manhattan DA says he'll stop prosecuting pot possession
May 16, 2018 - 12:42
Defense lawyers have questioned why the policies under consideration carve out exceptions for people with criminal histories. Vance said it's part of a new effort to reduce inequality and unnecessary interactions with the criminal justice system.

isis-killer-beheading-video-story-top Metro Exodus delayed until 2019
May 16, 2018 - 12:25
Metro Exodus has been delayed into 2019, while the release dates for both Biomutant and Darksiders 3 have yet to be determined. While Metro Exodus was announced in 2017, it wasn't really a debut of the next title.

Stock Movements to Focus: American Airlines Group Inc. (AAL)
May 16, 2018 - 12:13
Private Advisor Gru Ltd Liability Co accumulated 4,046 shs or 0.01% of the stock. 4,400 were reported by Menta Cap Ltd Llc. The company's distance from 52-week high price is -9.18% and while the current price is 153.92% from 52-week low price.

isis-killer-beheading-video-story-top Cardi B Says Rita Ora Collab "Girls" Reflects Her Own Experiences
May 16, 2018 - 11:55
It hasn't been easy to do so in the mainstream music world, either, as she explained to Elle's Estelle Tang past year . Throughout the song, Ora also references drug and alcohol use with lyrics such as "we rolling J's, kush loving".

isis-killer-beheading-video-story-top Jerusalem's Old City walls glow with Guatemala flags ahead of embassy launch
May 16, 2018 - 11:49
It started with a singer rendering all eight stanzas of Guatemala's national anthem, followed by the guests signing Hatikva. Guatemala opened its embassy in Jerusalem on Wednesday morning, two days after the USA moved its mission to the capital.

isis-killer-beheading-video-story-top #MeToo is 'here to stay' says Game Of Thrones queen Emilia Clarke
May 16, 2018 - 11:48
She supports United States actress Frances McDormand's rousing Oscars call for clauses imposing quotas for diversity in film casts and crews.

British American Tobacco (BATS) Given "Buy" Rating at Jefferies Group
May 16, 2018 - 11:27
Following long-term trends may help the investor see the bigger picture of what has been going on with a specific stock or sector. British American Tobacco p.l.c. engages in the production and sale of tobacco products.The firm is valued at $106.80 billion.

isis-killer-beheading-video-story-top NCLT clears decks for Tatas' acquisition of Bhushan Steel
May 16, 2018 - 11:20
Lenders would also invoke the pledge on existing shares of the former promoters, taking the overall stake of lenders to 14.2%. However, reportedly, the resolution plan excludes operational creditors settlement amount of Rs 1,200 crore.

isis-killer-beheading-video-story-top A2 Milk says full-year revenues to rise to over NZ$900M
May 16, 2018 - 11:19
Harbour's Rimer said that had it not been for the rebranding, a2 Milk's projection would have beaten market expectations "handsomely".

Analysts Outlook: Mallinckrodt Plc Ordinary Share (MNK)
May 16, 2018 - 11:14
Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.