Official – No S-Class/7 Series rival from Volvo

Shrawan

Shrawan Raja,

I’m the Founder & CEO of IndianAutosBlog.com. I love teamwork and talking about cars.

Volvo’ Concept Universe will be the next generation S80’s source of inspiration and not materialize into an upmarket sedan as we reported before. Before moving on to the high-end of the luxury market, the company will work to consolidate the segments it competes in, its CEO Stefan Jacoby was recorded saying to AutoMotive News.

Volvo Concept Universe rear

Stefan Jacoby, Volvo Cars CEO on a BMW 7 Series/Mercedes S-Class competitor –

It is not in our midterm or long-term strategy right now. That has been decided. It is too early to enter the S-class-size market. We are concentrating with our new products on our core segments.

Last year, immediately after Zhejiang Geely Holding Group purchased Volvo for $1.7 billion, Geely Chairman Li Shufu hinted to reporters that an upscale move was going to happen to take on German competitors Audi, Mercedes and BMW. After Jacoby’ statement from China, Volvo is understood to have backed off from that plan.

Volvo and Geely will not share showroom space, its CEO said at Auto Shanghai. Both companies will work together on battery-operated cars and leveraging Volvo’ research on safety to make Geely vehicles safer, but at the front-end, both companies will remain independent.

Volvo is reported to be developing a compact crossover that could be sold as the XC30 and positioned below the S60. Volvo India would love to get their hands on such a product as Audi and BMW are licking their lips with the Q3 and X1.

Source – AutoNews.com

Contribute to IAB
Submit Spyshots & get Bragging rights! Click Here
Custom Mods on your ride? Get it featured on IAB Submit

Volvo S80 News & Updates

Volvo XC90 T8 dashboard at the 2014 LA Auto Show

2016 Volvo S90 (S80 replacement) to be revealed this year – Report

Volvo Concept Universe official image

Volvo S90 (S80 successor) to borrow the XC90’s powertrains – Report

2015 Volvo XC90 steering wheel at the 2014 Paris Motor Show

IAB Report – Volvo confirms premium sedan as second car on the SPA platform

Volvo Cars reveals 450 horsepower High Performance Drive-E Powertrain Concept

IAB Report – Volvo reveals triple boost 450 bhp four-cylinder engine concept

Volvo Concept Estate front three quarter

Report – Next gen Volvo S80 coming in 2-3 years

2014 Volvo S80 facelift India launch

IAB Report – 2014 Volvo S80 facelift launched at INR 41.35 lakhs