Volvo
Change MakeVolvo Models
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$60,050
60 MPGe combined electric+gas /30 MPG overall on premium gas
About Volvo
Though “Volvo,” Latin for “I roll,” was registered as a trademark in 1915 by Swedish bearing and seal maker SKF, the motor vehicle manufacturer that carries the name wasn’t formally established until 1927. Founded in Gothenburg, Sweden, as a wholly-owned subsidiary of SKF, Volvo placed safety in high-regard from its inception. Its first model is widely considered to be the Volvo ÖV 4, with less than a reported 1,000 units produced between 1927 and 1929.
The first model imported to the United States was the PV444, which arrived on our shores in 1955 and helped secure the brand’s international status. Throughout the late 1960s and 70s, the Volvo 240 sedan and station wagon’s reputation for safe, reliable and efficient transportation made them a fixture on the suburban landscape. No stranger to innovation, Volvo was the first automaker to introduce the three-point seatbelt, which is now the industry standard; decades later, it pioneered the first automatic-braking system to detect cyclists and pedestrians.
The 1990s brought a whirlwind of acquisitions and mergers to the auto industry, and Ford acquired Volvo’s passenger car assets in 1999. The deal left the Volvo Group free to manufacture and market heavy trucks and equipment while the Ford-owned Volvo focused on passenger cars. The deal was unique as it allowed both concerns to use the highly-recognizable Volvo logo. Ford sold the Volvo passenger car division to Zhejiang Geely Holding Group in 2010.
Currently offering a lineup of premium sedans, wagons and SUVs, Volvo maintains its distinctive Scandinavian styling and high priority of safety. The automaker presently offers seven models—sedans (S60, S90), wagons (V60, V90), and SUVs (XC40, XC60, and XC90)—equipped with turbocharged, small-displacement gasoline engines as well as plug-in hybrid versions of some vehicles. Volvo’s first foray into the electric vehicle segment will be with the all-new XC40 Recharge. Expected to go on sale in late 2020, XC40 will spearhead the company’s electrification efforts to introduce a new EV every year.
