Killer Cars – Volvo to Ax Wagons, V8 Vehicles
Big cars are so out – as Volvo is showing with news today that they will ax their successful Wagon fleet, along with a waning V8 vehicle segment. As reported via Jalopnik; “the V70 wagon’s getting the axe after 11 years of production. The V8-option in the S80′s also going bye-bye and the V50 wagon’s not long for this world.”
“Chalk it up to internal competition at the Volvo brand, but the V70 just can’t hack it against the much more popular and aggressive XC70. The V70′s lost the sales race against the XC70 since 2000 and hasn’t made any headway in market share either. Combine the weak performance of the regular wagon with the installment of the new XC60 and it no longer makes sense from Volvo’s perspective to keep the V70 around. Sadly, it’s going to be axed from the North American market in 2011. To amends the product lineup Volvo will be offering the previously XC70 soft-roader in a watered-down FWD option.”
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