The Swedish-based auto maker is confident it can achieve its lofty sales goal, claiming its deliveries climbed 25% in the U.S. last year and 20% worldwide, making Volvo the fastest-growing luxury brand on a percentage basis, according to its own...
Renault CEO Carlos Ghosn and Adam Opel executives have predicted electric vehicles will have a 10% share of the European market by 2020. Last year, they accounted for 0.09% of Western Europe new-car deliveries.
The KH shares the same platform as Hyundai’s RWD Equus luxury model. It is assumed it will be powered by the same engine lineup as the Equus, but specs will not be issued until the car's debut draws closer.
“During development, our engineers focused on improving thermal efficiency and reducing friction of the engine's internal moving parts, especially during warm-up,” Ford Europe’s executive powertrain director says.