Volvo acquires car maker Polestar

Volvo acquires car maker Polestar


The Volvo S60 and V60 Polestar have a 350 hp T6 engine, modified brakes, suspension and transmission.

THE Volvo cars acquired Polestar, a company specializing in the production of high-performance vehicles. With this, the Polestar brand will be in the most sporty models of the Swedish car manufacturer. The purchase price was not disclosed. In addition to racing together since 1996, Volvo and Polestar develop sporty versions of the S60 and V60. The purchase of the producer can expand the range of special editions in the Volvo line and is in line with the philosophy adopted by other premium brands such as Audi, BMW and Mercedes-Benz, which also have their sports divisions (RS, M and AMG, respectively ).

For 2015 the automaker expects to produce 750 Polestar V60 and S60 models. With the merger of the two brands, sales should grow to between 1,000 and 1,500 units per year. In some markets, Volvo will also benefit from selling Polestar equipment through a dealer network. The acquisition also included all rights to development activities, software components and performance packages from Polestar Performance AB, as well as Polestar Holding AB, which owns the Polestar brand.

The integration paves the way for the use of Twin Engine hybrid engines in the next generation of high performance vehicles. According to Volvo, Polestar employees will be employed by Volvo. But Polestar’s competitive division was not found, it will soon change its name and will remain under the control of Christian Dahl, the founder of the brand.

EXAMPLES OF CURRENT PREPARATION

The Volvo S60 and V60 Polestar have an upgraded 350hp T6 engine, as well as revised brakes, suspension and transmission. The producer also did careful work on the bodywork and interior details.

Polestar Performance Enhancement Packages provide a performance boost to mid-range engines. The work is combined with changes in the transmission and response of the throat.