XC90 Excellence Pricing Announced in Canada
RICHMOND HILL, ON. (May 5th, 2016.) Volvo Car Canada Ltd. has announced pricing for the supremely luxurious XC90 Excellence; the latest and most exclusive vehicle trim offered on the award-winning XC90. The XC90 Excellence offers a fully loaded vehicle package with pricing listed at $118,900.
“The XC90 Excellence is a perfect illustration of its nomenclature,” said Alexander Lvovich, Managing Director, Volvo Car Canada Ltd. “The XC90 Excellence demonstrates Volvo Cars capabilities to develop opulent features and amalgamate them with an award-winning, and highly successful, platform. The XC90 Excellence offers customers a premium, exclusive and unique product that breaks boundaries in craftsmanship and design and elevates industry innovations.”
The all-new XC90 Excellence is built on Volvo’s modular Scalable Product Architecture (SPA) and comes with the award-winning T8 Twin Engine plug-in hybrid powertrain as standard. The T8 engine is equipped with an inline 4-cylinder, turbocharged and supercharged engine paired with an 8-speed automatic transmission offering an output of 316 horsepower as well as an additional 87 electric horsepower. The over 400 horsepower is matched by an impressive 472 lb. ft. of torque that couples efficient performance with premium features.
The XC90 Excellence features four-seats, instead of the traditional five or seven-seat configuration, designed to maximize cabin comfort for the driver and passengers. It is equipped with extended leather-covered surfacing, quality upholstery and hand-crafted crystal glasses from Orrefors, the famous Swedish glass maker. The superior comfort of the individual and adjustable rear seats, combined with a massage function and specially designed headrests, is further augmented with an air purifier, refrigerator, two folding tables and cup holders with both heating and cooling options.
The XC90 Excellence is available in Volvo Car retailers across Canada, August 2016.
Volvo XC90 R-Design chosen by Texas Auto Writers Association
ROCKLEIGH, NJ (May 5, 2016) -- The 2016 Volvo XC90 R-Design is the preferred Performance Utility of the Texas Auto Writers Association.
The 316-horswpower, seven passenger SUV was recognized at the Texas Auto Roundup, an annual media event held this week at the famous Texas Motor Speedway where more than fifty journalist members of the Texas Auto Writers Association (TAWA) evaluate the latest cars on the market. Competitors included the Tesla Model X and Jeep Grand Cherokee SRT8.
"From its elegant design to its cleverly powerful engine, thoughtful safety features and semi-autonomous driving capabilities, the XC90 is simply a class-leading package" said Nic Phillips, TAWA president. “Our journalists continue to award this new XC90, this time for it’s performance oriented variant, the benchmark has been set high and the Volvo delivers.”
"The XC90 continues to impress and rightly so," said Lex Kerssemakers, President and CEO, Volvo Car USA. "Volvo is honored to receive this recognition, especially after winning several TAWA awards last year."
The XC90 was named 2015 Crossover Utility Vehicle of Texas and 2015 Luxury Crossover Utility Vehicle by the Texas Auto Writers Association. It was also recognized for Best Technology.
Multi-billion dollar motor insurance industry faces radical restructuring due to autonomous cars
The multi-billion pound motor insurance industry faces a period of radical restructuring as a result of the advent of autonomously driving cars, with the number of crashes set to drop by 80 per cent by 2035* and insurance premiums set to plummet, a high level panel discussion organized by Volvo Cars and Thatcham Research will hear today.
Research by Swiss Re and HERE** released earlier this month calculated that AD technologies could wipe USD20bn off insurance premiums globally by 2020 alone. At present, motor insurance generates 42 per cent of all non life gross premiums, the largest single slice of global premiums.**
Volvo Cars believes that the insurance industry will have no choice but to react to these seismic challenges to its existing business model.
“The medium to long term impact on the insurance industry is likely to be significant. But let’s not forget the real reason for this – fewer accidents, fewer injuries, fewer fatalities. Autonomous drive technology is the single most important advance in automotive safety to be seen in recent years,” Hakan Samuelsson, president and chief executive will tell a seminar to be held later today in London entitled ‘A Future with Autonomous Driving Cars – Implications for the Insurance Industry'.
Peter Shaw, chief executive at Thatcham Research, said: “Vehicle manufacturers are predicting that highly autonomous vehicles, capable of allowing the driver to drop ‘out of the loop’ for certain sections of their journey, will be available from around 2021. Without doubt, crash frequency will also dramatically reduce. We’ve already seen this with the adoption of Autonomous Emergency Braking (AEB) on many new cars. Research in the US by NHTSA predicts that by 2035, as a result of autonomous and connected cars, crashes will be reduced by 80 per cent. Additionally, if a crash unfortunately can’t be avoided, then the impact speed will also drop as a result of the system’s performance - reducing the severity of the crash.”
Volvo Cars is fully committed to maximizing the safety benefits of AD cars. It announced last week that it will start the UK’s most extensive AD trial entitled Drive Me UK in 2017, with up to 100 AD cars being driven on real roads by real people, part of its global plush to develop AD cars with similar programs to be run in Sweden and China.
“The automotive industry cannot do this on its own,” Håkan Samuelsson, Volvo’s chief executive, will tell the gathered audience. “We need the government’s help. It is essential that car makers work with the government to put in place laws and regulations that allow us to get these cars on the road as soon as possible and start saving lives.”
Sajid Javid, UK Secretary of State for Business, Innovation and Skills said: “Driverless cars will see our journeys become faster, cleaner and safer. The UK is leading the way in developing the technology needed to make this a reality thanks to our world-class research base and these types of trials will become increasingly common.
“Such advances in technology prove the fourth industrial revolution is just around the corner and our determination to be at the forefront is why we are attracting top names from across the globe for real-world testing.”
Mr Samuelsson will say that he looks forward to working with the UK government to ensure that this technology can be introduced as soon as possible.
“The advent of autonomous driving represents a revolution for automotive safety,” Mr Samuelsson will say. “Volvo has a vision that no one will be killed or seriously injured in a new Volvo by 2020. Autonomous drive technology is a key tool in helping us achieve this aim.”