Catalog / Volvo
Volvo is synonymous with safety and reliability, and no wonder - the Swedish manufacturer has worked for a good reputation since the launch of its first model.
The Volvo brand was born out of an idea stemming from a conversation in a restaurant between two engineers working at bearing manufacturer SKF - Assar Gabrielson and Gustav Larson - who decided to create a car that every Swede could be proud of. And so Volvo was born. The name is no coincidence, as the word means ‘I roll’ in Latin.
Officially, Volvo was founded on 14 April 1927, or rather on the day when the first historic Volvo, called OV4, rolled off the assembly line of the factory located on the island of Hisingen. By the 1950s, the Swedish company employed 6,000 people. At the same time, the first commercial vehicle with seat belts left the factory, a decision that revolutionised the automotive market.
In the 1990s, Volvo Car Corporation was bought out by the American concern Ford. However, due to the crisis in the American car market, the new owner was the Chinese manufacturer Zhejiang Geely Holding Group Company Limited. As a result, the Asian company sold its shares to the Geely conglomerate in 2010. The current owner of Volvo continues the idea started by the two founders, who emphasised assembly quality and the highest technical level in their developments.
What cars are in Volvo's portfolio today? The passenger car models are true to tradition - they are roomy sedans and functional station wagons. Currently, the smallest car in the line-up is the S60, representing the D segment. Previously, the company produced C-segment models - S40 and C30, but their successors have not yet followed. The role of the flagship limousine is played by the Volvo S90. Both it and the younger sedan are offered in a functional body ‘station wagon’ (such models are designated by the manufacturer with the letter V). Interestingly, both models are also available in the Cross Country version, which is characterised by increased ground clearance and all-wheel drive (for the V90 Cross Country model, buyers can order air suspension to raise the car even more).
Every major manufacturer should have at least a few SUVs in its lineup, and Volvo is no exception to this rule. Passenger cars with off-road inspired bodywork, providing relative freedom of movement off the tarmac, form an important part of the Swedish manufacturer's range.
Volvo pays attention not only to safety, but also to the environment. This is reflected in the downsizing of the engines. This means a reduction in engine displacement while retaining the power and torque characteristics of more powerful engines.
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The cost of Volvo cars in 2024 reflects the brand's premium status and technological leadership. Prices start at around €35,000 for the compact XC40 crossover and can reach €90,000 for top-of-the-range versions of the flagship XC90 or the all-electric XC40 Recharge.
Key factors affecting price:
Examples of prices for popular models:
It is worth noting that prices may vary depending on the country of sale and the specific dealer.
As of 2024, the most affordable new car in the Volvo range is the XC40 compact crossover. Prices for the base version of the Volvo XC40 start at €35,000.
Factors affecting the price of the base model Volvo XC40:
The most expensive car in the Volvo range is the flagship XC90 SUV in the top trim or the fully electric XC40 Recharge in the top trim. Prices for these models can reach up to 90,000 euros.
Factors affecting the price of Volvo's top-end models:
For the XC90:
For XC40 Recharge:
Common factors for both models: