Volvo no longer makes diesel engines...

[Forg]

Originally Posted by Moose Test

"Volvo" management long ago made the decision to move themselves lock, stock and barrel into the premium end of the market. I don't think that has anything near so much to do with the transition to EV, as it is a simple push towards increasing profit margins and hence returns for Geely's shareholders and investors. I strongly suspect that the kinds of prices we're seeing now would have happened all the same had the EV revolution never come to pass.

I'm surprised they weren't already trying to play in that market there decades ago. They've always been a lot more expensive than cars real people buy, here in Straya.

When the 240 came out here in 1975,
(*) the base 244DL was $7731, and a 264GLE was $13055
(*) a (more powerful & reliable) Crown was $4995
(*) the Holden Kingswood range (equivalent of Opel Commodore I guess - but a bit bigger) was from about $4k to $6614 for the top-spec 5L
(*) the Ford Falcon range (Granada equivalent I guess but again a bit bigger) was from about $3400 to $6700 for the top 5.8L 2dr

They released the 960 with the archaic gutless thirsty PRV for $80850 and it went up to $86000 in 1991 with the whiteblock, when an E34 525i was $88500 ... no wonder there are so few 960's around!