Volvo earns $103M in Q1, $370 million for CY 2010

Filed under: China, Crossover, Volvo

volvo xc60 logo

Volvo has posted a solid first quarter, with earnings jumping to $103 million. That’s nearly double the Q1, 2010 totals, in part due to continued strong demand for its XC60 crossover. The Geely-owned automaker expects the revenue to continue to flow throughout 2011, as the automaker is hoping to increase sales by 70,000 units on the year to 450,000 units.

Volvo has also announced total earnings for calendar year 2010. The automaker says it earned $370 million on the year, again in part because of strong XC60 sales and the successful launch of the S60. High commodity prices weighed down earnings a bit, but the automaker says strong net pricing largely offset the rising price of energy and steel.

Hit the jump to read over Volvo’s 2010 earnings press release.

Continue reading Volvo earns $103M in Q1, $370 million for CY 2010

Volvo earns $103M in Q1, $370 million for CY 2010 originally appeared on Autoblog on Thu, 12 May 2011 18:01:00 EST. Please see our terms for use of feeds.

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2011 Scion tC earns NHTSA five-star crash rating

Filed under: Coupe, Budget, Safety, Scion

2011 Scion tC

2011 Scion tC – Click above for high-res image gallery

The redesigned 2011 Scion tC coupe has officially earned a five-star safety rating from the National Highway Traffic Safety Administration. Thanks in part to no fewer than eight airbags, the little Scion managed to ace the government’s collision and rollover tests.

The tC features driver and passenger airbags, seat-mounted side airbags, driver and passenger knee airbags and side-curtain airbags.

In addition to its impressive airbag tally, the car also packs ABS, traction control, stability control, brake assist, electronic brake-force distribution and Smart Stop technology to help prevent the airbags from ever having to deploy. Click past the jump to see the full press release.

Gallery: 2011 Scion tC: Review

2011 Scion tC2011 Scion tC2011 Scion tC2011 Scion tC2011 Scion tC

Photos copyright (C)2011 Jeff Glucker / AOL

[Source: Toyota]

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2011 Scion tC earns NHTSA five-star crash rating originally appeared on Autoblog on Tue, 12 Apr 2011 18:21:00 EST. Please see our terms for use of feeds.

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2012 Volvo S60 earns IIHS Top Safety Pick award

Filed under: Sedan, Safety, Volvo, Luxury

2012 Volvo S60 IIHS Crash Tests

2012 Volvo S60 IIHS crash tests – Click above for high-res image gallery

Volvo can stick another feather in its safety cap. The 2012 S60 has officially been awarded an IIHS Top Safety Pick judgement by the Insurance Institute for Highway Safety. That means the sedan managed to net top ratings in all IIHS crash tests, including front, side, rollover and rear evaluations. Vehicles awarded the Top Safety Pick designation must also come standard with electronic stability control.

According to the IIHS, it’s been a while since the S60 has carried the institute’s highest honor. The vehicle’s previous generation had no problem netting good ratings in both front and rear tests, but was only rated as acceptable in side impact evaluations. Additionally, the new roof strength tests weren’t in place for the vehicle’s last iteration. IIHS says that Volvo improved the design of the S60 enough to net higher side impact ratings and pass the new rollover tests with flying colors.

IIHS says that the roof of the S60 stood up to 4.95 times the weight of the vehicle. Currently, the federal standard is only requires a vehicle to withstand a force equivalent to 1.5 times its weight. Hit the jump for the full press release.

Gallery: 2012 Volvo S60 IIHS Crash Tests

[Source: IIHS]

Continue reading 2012 Volvo S60 earns IIHS Top Safety Pick award

2012 Volvo S60 earns IIHS Top Safety Pick award originally appeared on Autoblog on Mon, 28 Mar 2011 18:15:00 EST. Please see our terms for use of feeds.

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2011 Honda Odyssey earns five-star crash safety rating

Filed under: Minivan/Van, Government/Legal, Safety, Honda

2011 honda odyssey

2011 Honda Odyssey – Click above for high-res image gallery

The National Highway Traffic Safety Administration’s new testing methodology has proven to be remarkably tougher than its old tests. In the past NHTSA gave out five-star ratings like they were “massage” pamphlets on the Vegas strip, but the new regulations have led to only 11 five-star Overall Vehicle Scores out of 50 vehicles. So with that in mind it’s big news for Honda that the all-new 2011 Odyssey has earned an overall five-star rating for all three crash tests, test category and overall. In fact, the Odyssey’s only four-star score came in rollover testing. Honda points to its new Advanced Compatibility Engineering (ACE) body structure as a reason the Odyssey fared so well in NHTSA testing. ACE evenly distributes crash energy throughout the front end of the vehicle, making front-end collisions less dangerous for passengers.

The Odyssey’s big win from NHTSA comes after the popular minivan managed the top score of “Good” from the Insurance Institute for Highway Safety. The Odyssey isn’t yet eligible for the Top Safety Pick designation since it hasn’t been tested for roof strength. Hit the jump to read over the Honda press release.

Gallery: 2011 Honda Odyssey: Review

2011 Honda Odyssey2011 Honda Odyssey2011 Honda Odyssey2011 Honda Odyssey2011 Honda Odyssey

Photos copyright (C)2011 Steven J. Ewing / AOL

[Source: Honda]

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2011 Honda Odyssey earns five-star crash safety rating originally appeared on Autoblog on Thu, 27 Jan 2011 18:29:00 EST. Please see our terms for use of feeds.

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Video: Scott Speed’s Redbull NASCAR taxi earns its fare in Chicago

Filed under: Sedan, Etc., Videos, Work, Toyota, Humor, Racing

Scott Speed takes his NASCAR taxi to Chicago – Click above to watch video after the jump

With the venerable Ford Crown Victoria on its way out, cabbies all across the country are being forced to come up with all kinds of solutions to their passenger-hauling needs. The Toyota Camry has a bit of favor with this crowd thanks to its roomy back seat, efficient drivetrain and inexpensive MSRP. Of course, all of that goes out of the window when you start talking about the NASCAR interpretation of the sedan. Red Bull recently decided to put one of its tri-oval terrors to work on the streets of Chicago as a cab, complete with none other than Scott Speed behind the wheel.

With a few additions like real headlights, brake lights, turning indicators and a license-plate bezel, the Number 82 Camry was handily transformed into a street legal machine. Speed spent the better part of a morning shuffling people around the streets of the Windy City in a blaze of tire smoke and V8 glory. It looks like plenty of fun, and we’re guessing there will never be another cab ride quite like it. Still, we think we’d rather end up in the Cash Cab. Hit the jump to check out the video.

[Source: YouTube]

Continue reading Video: Scott Speed’s Redbull NASCAR taxi earns its fare in Chicago

Video: Scott Speed’s Redbull NASCAR taxi earns its fare in Chicago originally appeared on Autoblog on Tue, 21 Sep 2010 14:57:00 EST. Please see our terms for use of feeds.

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Mitsubishi Lancer earns Top Safety Pick award, first small car Mitsubishi to pass new rollover test [*UPDATE]

Filed under: Budget, Sedan, Safety, Mitsubishi

2010 Mitsubishi Lancer ES – Click above for high-res image gallery

The Insurance Institute for Highway Safety has named the Mitsubishi Lancer one of its top safety picks. The four-door sedan managed to be the first small car Mitsubishi that the Institute has tested to pass the new roll-over test with a “good” rating. As much as we like entertaining ourselves by thinking about the researchers flipping a bevy of cars and SUVs from 9-to-5, that isn’t quite how the institute tests for rollover strength.

Instead, a large metal plate exerts a steady force on the roof of a vehicle until the crash structure deflects by five inches. At that point, the boffins measure the amount of force it took to bend the roof and compare it to the overall weight of the vehicle. From there, a strength-to-weight ratio can be established. Currently, the federal government requires a vehicle’s roof to be able to withstand 1.5 times the weight of the car, and in order for a vehicle to earn a “good” rollover rating from the IIHS, the roof needs to be able to stand up to four times the weight of the vehicle.

Gallery: 2010 Mitsubishi Lancer ES

[Source: The Insurance Institute for Highway Safety]

Mitsubishi Lancer earns Top Safety Pick award, first small car Mitsubishi to pass new rollover test [*UPDATE] originally appeared on Autoblog on Thu, 22 Jul 2010 15:59:00 EST. Please see our terms for use of feeds.

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